this post was submitted on 03 Sep 2023
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From Value, Price & Profit :
Marx's critique of Trade Unions above also applies to cooperatives.
Prove wages don't cut into profits.
Prove profits don't cut into wages
Prove co-ops don't have to make profits
Private ownership over the means of production, generalized commodity production, industrialization, and generalized wage labor are the logical conditions of capitalism. Explain how this is not the case.
Successful in a capitalist context. Which is an exploitative context. They have to make profit to survive, which means they have to pay workers less than the value of their labor power on average. Read Value Price & Profit. Read Wage Labor & Capital. Read Capital. Read Theories of Surplus Value.
Worker-owned co-ops are definitely preferable to the alternative form of capitalist enterprise, but they can only get you so far, just like trade unions. These are tools for slightly alleviating the suffering of the worker in a capitalist context, but they are not the solution to capitalism.
EDIT: Coming back to this a few days later to drop some Stalin: