@s-mclaughlin.bsky.social
Reposted
The key realization here is the owner is unnecessary. They are a middleman. They extract the value labor creates. The workers can own the factory. They can democratically manage it and decide how to distribute the value. When businesses are organized in this way, income distribution is equitable.
February 23, 2025 at 3:30 AM
The key realization here is the owner is unnecessary. They are a middleman. They extract the value labor creates. The workers can own the factory. They can democratically manage it and decide how to distribute the value. When businesses are organized in this way, income distribution is equitable.