this post was submitted on 27 Feb 2024
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The difference is that in capitalism, you are compensated for your labour in a different way, with wages. That is sufficient motivation to be productive. It does not make a difference in that regard who owns the final product.
It matters who owns the final product. The owner is the party the legal system is holding responsible for using up the inputs to produce the outputs. There is a tenet that who the legal system holds responsible for a result should match who actually is factually responsible for the result. Capitalism systematically violates this principle. Property rights rest on people having the right to get the positive and negative fruits of their labor. Capitalism also fails there
Who says this principle exists and who says we need to adhere to it? I don't see what benefit that would bring.
An intuition pump for this tenet is the case where an employer and employee cooperate to commit a crime and get caught. Both the employer and employee are held legally responsible for the crime. The servant in work becomes a partner in crime. The employee can't argue that they sold their labor so whatever was done with their labor is not their responsibility. The law already applies this tenet. It just fails to apply it in the firm.
What do you mean by benefit?
I'm not entirely sure what you're trying to say, so let me rephrase the question. What exactly would have to change to adhere to this tenet, and why would that benefit society?
To adhere to this tenet, all firms would have to be structured as democratic worker coops. This would benefit society by making it more just. The basic idea of a miscarriage of justice is when someone else is held legally responsible for the deeds of another party such as when one party cooperates to commit a crime and another innocent party is held guilty of it. The employer-employee contract varies in degree, but it is also a miscarriage of justice.
What do you mean by benefit?