RadioRaheem84
18th December 2009, 18:57
http://mises.org/daily/1132
Filled with presuppositions! Lets give it a crack...
Let's say the workers had the privilege of owning Enron. Giddy syndicalists seem to view ownership of business concerns as always and everywhere a good thing. But ownership also implies riskand liability, liability for debts and lawsuits. After Enron collapsed into a pile of incomprehensible derivatives, how many workers there wished they co-owned Enron? Under current law, employers are responsible for the torts and contract breaches of employees. How many workers would want to bear that risk?
[T]hat factory was only there in the first place because some greedy capitalist thought he could make a profit selling widgets, and he invested capital he derived from prior savings. How about starting new businesses? How many workers have the capital to contribute? How many would risk that capital even if they had it, on a business "run democratically by the workers"?
On against Division of Labor:
We won't have accountants, doctors, carpenters, etc. Rather, (former) carpenters will take their turn at brain surgery; (former) lawyers will build skyscrapers; airplanes will be driven by (former) dental hygienists and so on. Everyone will take turns. There will be plenty of opportunities to work at a mortuary as well.
Labor Theory of Value:
According to this theory, all the value of a business is contributed by the "workers". That worker we call the owner, apparently contributes nothing. Only someone who never owned a business could believe this preposterous theory. Since the owner contributed nothing to the business, why did the workers show up there in the first place?
Mass production:
....each worker should spend an inordinate amount of time placing his or her own personal and artistic stamp on those widgets? (How do you do that with a hammer?) ....such workers would then live in miserable poverty because of their drastically reduced productivity.
Filled with presuppositions! Lets give it a crack...
Let's say the workers had the privilege of owning Enron. Giddy syndicalists seem to view ownership of business concerns as always and everywhere a good thing. But ownership also implies riskand liability, liability for debts and lawsuits. After Enron collapsed into a pile of incomprehensible derivatives, how many workers there wished they co-owned Enron? Under current law, employers are responsible for the torts and contract breaches of employees. How many workers would want to bear that risk?
[T]hat factory was only there in the first place because some greedy capitalist thought he could make a profit selling widgets, and he invested capital he derived from prior savings. How about starting new businesses? How many workers have the capital to contribute? How many would risk that capital even if they had it, on a business "run democratically by the workers"?
On against Division of Labor:
We won't have accountants, doctors, carpenters, etc. Rather, (former) carpenters will take their turn at brain surgery; (former) lawyers will build skyscrapers; airplanes will be driven by (former) dental hygienists and so on. Everyone will take turns. There will be plenty of opportunities to work at a mortuary as well.
Labor Theory of Value:
According to this theory, all the value of a business is contributed by the "workers". That worker we call the owner, apparently contributes nothing. Only someone who never owned a business could believe this preposterous theory. Since the owner contributed nothing to the business, why did the workers show up there in the first place?
Mass production:
....each worker should spend an inordinate amount of time placing his or her own personal and artistic stamp on those widgets? (How do you do that with a hammer?) ....such workers would then live in miserable poverty because of their drastically reduced productivity.