Property and Contract in #Economics: The Case for Economic Democracy by David Ellerman
This book makes 2 arguments.
The employment contract is the core of the #capitalism rather than private property
The employment contract is invalid because it violates #WorkersRights to #democracy in the firm. All firms should be structured as worker #coops for economic justice
@jlou@bookstodon
I view both the employment contract and private property as core components of capitalism. The employment contract is a tool that perpetuates capitalist relations of production by enabling the exploitation of labor within a system where private ownership of the means of production is upheld.