• Zoboomafoo@yiffit.net
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    1 year ago

    I am looking for a system where workers gets to keep the value of their labor. Owners lack a place in such a system.

    Why? You can have both owners and profit sharing

    • within_epsilon@lemmy.world
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      1 year ago

      Owners, workers and profit sharing exist under capitalism. Profit sharing is not the same as being an owner due to decision making power and ownership of capital i.e. private property. Workers can benefit from profit sharing, but are excluded from the owners black box for determining profits. The worker keeps their job by producing more value than their labor cost.

      I am looking for a system where workers get to make decisions regarding their labor and own the tools by which their labor produces value.