#economicdemocracy — Public Fediverse posts

Words shape reality. In the US/UK, 'Fiduciary Duty' almost exclusively forces directors to serve the shareholder. In the European Social Economy, the legal concept of 'Intérêt Collectif' frees them to serve the community. ⚖️

The Social Economy Glossary maps these 'untranslatables' so we can stop importing extractive logic into democratic economic spaces. 📖

https://rootandbranch.online/library/social-economy-glossary/

#SocialEconomy #EconomicDemocracy #TheCommons #Law #Terminology

Caller Teams With AI To Explain Why Free Markets Do Not Require Capitalism

A caller uses AI and Planet A Foods to expose how capitalism captures innovation while democratic free enterprise empowers workers, consumers, and communities.

Forget the Socialist Scare: America’s Crisis Is Capitalism Without Democracy

Republicans and corporate Democrats attack DSA with socialist scare tactics while ignoring the oligarchic economy crushing workers and concentrating America’s wealth.

Public services are in critical need of democracy - new blog now out!

https://open.substack.com/pub/duncanthorp/p/public-services-are-in-critical-need?r=293xk7&utm_campaign=post&utm_medium=web

#PublicSector #PublicServices #Economy #Economics #Democracy #WorkplaceDemocracy #EconomicDemocracy #WellbeingEconomy #CommunityWealthBuilding #SocEnt #Coop #Coops #EO

"The neo-Luddism or doomerism in some left circles today risks missing the procedurally generated forest for the trees. Thinking through changes to the economy and work brought about by automation, we ought to ask ourselves a series of questions while we prepare to pass judgment: Who controls and benefits from these changes and could the public put such technologies to good use? Are these developments aimed at supporting or enhancing our individual and shared humanity, or do they diminish it? Do we need this or that change? And above all, can we responsibly plan for and control these developments in a way that maintains social, political, and cultural standards, expectations, and needs?

With technological development, the details matter. The Left should not be reflexively anti-technology, but rather skeptical of how technologies are developed, deployed, and controlled — and for whose benefit. An automated society in which states and worker-owned enterprises harness the marvels and wonders of technology to serve public ends while meeting individual needs is entirely consistent with the good life. Indeed, carefully constructed, this society could be far closer to utopia than dystopia — and far better than the world we inhabit today.

But getting there requires structural changes in how we organize the economy, which requires the hard work of organizing, mobilizing, setting political priorities, reforming institutions, and winning political power. That work, machines will never be able to do. That work is, and will remain, ours."

https://jacobin.com/2026/05/robots-ai-automation-workers-planning

#Robots #Automation #Robotics #AI #EconomicDemocracy #Capitalism

Its #mayday today, which is a European festival of ancient origins (Roman?) marking the beginning of North hemisphere summer 🌞

But it is also a day to celebrate and think about #economicdemocracy and how we could transition towards more future proof modes of socioeconomic organization 🤝

A digital society does not have to be worse than the pre-digital versions. It offers unlimited possibilities for something better, but somehow we need to make them real 🙏

https://en.wikipedia.org/wiki/Economic_democracy

This is such a straw man and false dilemma fallacy. People don’t have to work for either private capitalists or the state/collective/society. There is another alternative where people work for themselves individually or jointly: #EconomicDemocracy. This position isn’t justified with appeals to collective authority, but rather liberal individual inalienable #HumanRights theory.

https://youtube.com/shorts/x-lIb2MGQ2w

#politics #individualism #individualist #socialism #capitalism #communism #liberty #mutualism

"This is why labour law belongs at the centre of these debates. Labour law is not merely a technical field regulating wages, contracts and dismissal. It is one of the principal ways in which the rule of law enters the workplace. Employers are granted legal powers to direct, monitor and discipline workers. Those powers are not natural facts. They are constituted and structured by law. Labour law exists, in part, to ensure that these powers do not become arbitrary and all-encompassing, and that workers do not cease to be citizens the moment they enter the workplace. Workers’ rights, in that sense, are not just social entitlements. They are democratic safeguards.

The urgency of this becomes clearer still once we turn to artificial intelligence and algorithmic management at work. These technologies are usually discussed in the language of innovation, efficiency and competitiveness. But they also reorganise and reinforce authority. Employers increasingly use digital systems to hire, direct, evaluate and discipline workers, while collecting immense quantities of data about productivity, pace, location, communications and behaviour. The point is not simply that privacy is endangered, though it is. The point is that managerial command is being intensified through technology."

https://www.socialeurope.eu/silicon-valleys-anti-democratic-turn-begins-at-work

#SiliconValley #EconomicDemocracy #Authoritarianism #Surveillance #AI

"National economic planning would be opened up to popular input. At the enterprise or business-firm level, workers would take over management of day-to-day operations. This is all foreign to liberalism but not to social democracies around the world (though the extent of worker management in social democratic countries is still rather limited).

When Sanders broke the national political ice on the word “socialism” in 2016, I recall sappy messages to the effect that “socialism is nice; even your public library is socialist.” But that’s wrong — socialism is so much more than that.

Here I want to describe some economic policy projects that might define a distinctively socialist (or social democratic) approach to policy in the United States today, one that pushes beyond the frontiers of liberalism. These are differences in kind, not of degree. For the principal US social democratic projects, I suggest the following breakdown:

- Labor power
- Industrial policy
- Social insurance
- Social ownership
- Anti-federalism

There are traces of all of these in the history of liberal social policy, but I want to highlight the categorical distinctions between liberal and socialist approaches to each element. Such distinctions can give rise to political themes and to explicit campaigns.

(Socialists also crucially differ from liberals in our commitment to internationalism and our opposition to the United States’ militaristic imperialism. But I focus here on the distinctive elements of socialists’ domestic policy agenda.)"

https://jacobin.com/2026/03/socialism-liberalism-economic-policy-agenda/

#Socialism #USA #EconomicPolicy #PoliticalEconomy #EconomicDemocracy

Words shape reality. In the US/UK, 'Fiduciary Duty' almost exclusively forces directors to serve the shareholder. In the European Social Economy, the legal concept of 'Intérêt Collectif' frees them to serve the community. ⚖️

The Social Economy Glossary maps these 'untranslatables' so we can stop importing extractive logic into democratic economic spaces. 📖

https://rootandbranch.online/library/social-economy-glossary/

#SocialEconomy #EconomicDemocracy #TheCommons #Law

How to Escape the Capitalist Machine. Citizen journalism from Miss Rose on YouTube Subscribe?. (She is thathippielookingchick on IG). 4mins #EconomicDemocracy #SolarCoops #EmployeeOwnership #Environment #Cooperatives #Sustainability www.youtube.com/watch?v=HnJP...

How to Escape the Capitalist M...

💯 👉"Critics of socialism argue that it is a cop-out to say that the USSR was not socialist. But it seems clear that in practical terms, those running the system were trying to beat capitalism at its own game. They were not only imprisoned in a competitive logic but also bound by its limited horizons.

Of course, this does not tell us what the Soviet economic system was. To pose that question, as some did in the USSR, was to step outside the ruling order and to invite retribution. The job of the economists that Feygin discusses was to help the system work better.

Yet even some of those who were at the center of these “insider” debates could not help wondering exactly what the USSR was. Feygin in particular instances Yakov Kronrod, who spent four decades or more trying to think not only about reform but also about value relations and the question of alienation and exploitation in the Soviet system (David Mandel’s book on Konrod, Democracy, Plan, and Market, is not cited, however).

In the event, the USSR and the wider Soviet-led bloc collapsed, becoming the “ruin” of Feygin’s title. It failed to catch up with (let alone overtake) the West, and it failed to satisfy the aspirations of its own population. The idea of socialism from above, directed by a plan, has not really recovered. When we think, therefore, of going beyond capitalism, we must think about different ends as well as different means.

A bottom-up, participative system might well be messy in different ways, but it would have to engage people. In the USSR, Soviet workers were never the knowing agents of their own fate. They figured only as a constraint..." 👈💯

https://jacobin.com/2025/11/soviet-economic-reform-workers-feygin/

#SovietUnion #USSR #Socialism #Capitalism #StateCapitalism #EconomicDemocracy #Gorbatchev #Perestroika

@DarthAstrius I’m a huge fan of David Ellerman’s version of #EconomicDemocracy.

Neoliberal Economics
A con and total rubbish – so we're going to tear it apart
#RichardMurphy
Professor of Accounting Practice, Sheffield University
#UK #US #Politics #Economics #Neoliberalism #EconomicJustice #EconomicDemocracy
https://www.youtube.com/watch?v=uvLZCnhJFaY

When I spend more money in order to support local or small businesses, I try to think of it as a donation I'm making toward democracy - economic democracy. That is more money that will stay for longer in more / local hands. Donation maximized if it's paid in cash. #economicdemocracy #democracy

"I suggest 6 principles for economic democracy, mirroring the 6 principles of economic aristocracy:

1. Enlightenment: Because all persons are created equal, the economic rights of employees and the community are equal to those of capital owners."

#MarjorieKelly, The Divine Right of Capital, 2003

https://www.corporation2020.org/corporation2020/documents/Resources/Kelly.pdf

(1/?)

#EconomicDemocracy

@jasonhickel Jason Hickel - The Imperial Core's fight is against Economic Democracy & Economic Sovreignty
#EconomicDemocracy #imperialism
https://youtu.be/6dBy4-6pn1M

Also in English: "Is the bioeconomy a sustainable solution for the planet?"
https://www.15-15-15.org/webzine/2025/04/11/is-the-bioeconomy-a-sustainable-solution-for-the-planet/
#bioeconomics #ecologicaleconomics #economicdemocracy #biomateriales #degrowth

@joetourist
These were not questions to play smart-ass, but perhaps a path to conclude that the great Tommy Douglas, with the concept of Economic Democracy provided Canada with an extremely efficient and media-friendly meme replacing 'collectivism' and 'socialism', that could spread because it neutralized anti-collectivist memes present in many North-American brains merely by the words it was made of.
This man may be a national treasure. :blobcat:

#EconomicDemocracy #TommyDouglas #ElbowsUp

The Black Middle-Class Is Mad At Me and Frazier Knew Why!
#Jared Ball
#BlackMastodon #iMWiL #Culture #Economics #EconomicDemocracy #SocialJustice #EFranklinFrazier #BlackBourgeoisie #MOBP
https://www.youtube.com/watch?v=utTJGZbq0Ec

One of the most counter-intuitive justifications for refusing to stop mindlessly competing and work co-operatively toward a shared common good is that it is more of a strain, takes more effort, with less return on investment than working alone.

The rationale most often heard is that the person is sick, disabled, tired, beaten down, overwhelmed, with the implication being that somehow a shared burden is heavier?

Based on that logic, extended families, communities, tribes, villages, towns would never form except by coercion.

It is a circle that cannot be squared.
#COOP #CooperativeCulture #CooperativeCapital #MutualAid to secure the #GneralWelfare and a shared #CommonGood #EconomicDemocracy for #SocialDemocracy

Richard Wolff, an American economist and professor emeritus at UMass Amherst, is known for his sharp critiques of economic inequality and his advocacy for worker cooperatives. Through his books, lectures, and public talks, he champions economic democracy and explores alternative economic models that empower workers and challenge the status quo.

#RichardWolff #Economics #EconomicInequality #WorkerCooperatives #EconomicDemocracy #AlternativeEconomy #SocialJustice #Capitalism #WealthInequality #CooperativeEconomy #ProgressiveEconomics #FairEconomy #SystemChange #changeoftheguard

https://www.youtube.com/watch?v=sFa4Lm_ZTyI

Scaling up democratic ownership: Adapting the employee ownership model to build truly democratic businesses

https://www.resilience.org/stories/2024-11-05/scaling-up-democratic-ownership-adapting-the-employee-ownership-model-to-build-truly-democratic-businesses/

#WorkerCoops #WorkerCooperatives #coops #cooperatives #labor #unions #politics #leftism #leftist #leftwing #capitalism #capitalist #liberalism #liberal #liberals #anticapitalism #anticapitalist #EconomicDemocracy #neoliberal #neoliberalism