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Creighton Harrington's avatar

"Contemporary socialists have therefore taken to advocating for workplace democracy: roughly, workers collectively own firms and make decisions democratically."

I don't think supporters of free-enterprise should cede the terminological ground here. To the extent that modern "socialists" use this definition, then they are unequivocally *not* socialists.

This is important because while they're tacitly conceding the unworkability of socialism-proper, they're simultaneously redefining "capitalism" to mean something it does not. They're basically trying to say "capitalism" means "business models I don't like." They've converted from socialists to activist capitalists. We shouldn't grant them such a comfortable retreat.

I'm also not convinced that many contemporary socialists actually believe in their hearts that a world of co-ops is good enough. Chavez encouraged co-ops in Venezuela at first until it became apparent that the co-ops were only interested in their own bottom line; that they weren't "thinking socially" or something to that effect. So he stopped supporting these and switched to more familiar central planning.

This is, I think, what would happen in any country that contemporary socialists began to control. The failure of co-ops to get the outcomes *the planners want* would quickly end self-control for co-op firms. These debates over co-ops are really a bad faith attempt to save face, but in their hearts, they're central planners.

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