My favorite libertarian argument

The most interesting thing about libertarians is that their normative arguments fail on their own terms. Well-constructed theories only permit disagreement on the basic principle level. Excepting consequentialist libertarians, libertarian theories are so bad that their basic principles don’t even generate the conclusions libertarians claim they do. The arguments are internally contradictory on a scale… Continue reading My favorite libertarian argument

Mondragon cooperatives use capital accounts

Worker cooperatives are worker-owned businesses. The left likes them for two main reasons. First, workers capture the profits the business makes, not separate owners. This arrangement therefore eliminates exploitation in the Marxist sense of the word. Second, workers control the business, not separate owners. This arrangement therefore reduces alienation, at least the part of alienation… Continue reading Mondragon cooperatives use capital accounts