And you continue to completely disregard what he said in other parts of “Human Action” and what he said literally one sentence before the one you continue to incessantly quote as if it’s Holy Writ.
Do you, or do you not think Mises would agree with me that the “fact” that early american capitalism (laissez faire) and aristocracy was absolutely terrible for 99% of the population does not prove that laissez faire and aristocracy are terrible systems?
I get the context of the quote, and I don’t think you do. It means just what it says, nothing (meaningful) can be learned from history (according to Mises).
Or does the fact that aristocracy was terrible for 90% of the population effect the economic “laws” that lead you to think laissez faire and aristocracy is good?
So vomiting out names wins arguments now?
A: Capital is homogenous.
B: F.A. Hayek
In this ^ complete non-sequiter, you would be right. Good thing for me it has nothing to do with the topic at hand. Now if it went like this:
A: Mass production and the assembly line will not lead to greater productivity.
B: Ford Motor Company
That would be a valid response. And that’s what I did. You said workplace democracy is not feasible. I showed you existing and prospering workplace democracies.
A priori economic theory?
Lol… well if actual existing and prospering workplace democracy is not as important to you as a priori economic theory, then I don’t know what to say. Let me know when take your fingers out of your ears.
Besides, Mondragon (which is apparently the Patron Saint of anarcho-syndicalism from my quick Google search) isn’t even close to a syndicalist organization. Operating for profit? A management class with more power, money, and influence than the factory line workers? Discriminatory hiring practices? How positively capitalist.
Well this just shows how unfamiliar you are with socialism. It’s what we would call a transitory system working within a capitalist paradigm. Revolutions aren’t always quick and militant, friend.
t Mondragon, there are agreed-upon wage ratios between the worker-owners who do executive work and those who work in the field or factory and earn a minimum wage. These ratios range from 3:1 to 9:1 in different cooperatives and average 5:1. That is, the general manager of an average Mondragon cooperative earns 5 times as much as the theoretical minimum wage paid in his/her cooperative. This ratio is in reality smaller because there are few Mondragon worker-owners that earn minimum wages, their jobs being somewhat specialized and classified at higher wage levels.[10]
Although the ratio for each cooperative varies, it is worker-owners within that cooperative who decide through a democratic vote what these ratios should be. Thus, if a general manager of a cooperative has a ratio of 9:1, it is because its worker-owners decided it was a fair ratio to maintain
I mean, it really appears you’re just making stuff up now.
The yield obtained from this fund is used to cover long-term retirement, widowhood, and invalidity benefits, complementary to those offered by the Spanish social security system.
Seems the profits are generally used to go back to the workers…
The first of the Rochdale Principles states that co-operative societies must have an open and voluntary membership. According to the ICA’s Statement on the Co-operative Identity, “Co-operatives are voluntary organizations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination.”
Furthermore:
To discriminate socially is to make a distinction between people on the basis of class or category. Examples of social discrimination includeracial, religious, sexual, sexual orientation, disability, and ethnic discrimination. To fulfil the first Rochdale Principle, a Co-operative society should not prevent anyone willing to participate from doing so on any of these grounds. However, this does not prohibit the co-operative from setting ground rules for membership, such as residing in a specific geographic area or payment of a membership fee to join, so long as all persons meeting such criteria are able to participate if they so choose
Good thing I’m a nice guy. Libertystudent would never “subsidize your ignorance” like this:
the second part of the principle deals with how members are compensated for funds invested in a Co-operative, and how surpluses should be used. Unlike for profit corporations, co-operatives are a form of social enterprise****. Given this, there are at least three purposes for which surplus funds can be used, or distributed, by a Co-operative.
- “Members usually receive limited compensation, if any, on capital subscribed as a condition of membership.”
- “Developing their co-operative, possibly by setting up reserves, part of which at least would be indivisible;” in other words, the surplus can be reinvested in the co-operative.
- Benefiting members in proportion to their transactions with the co-operative;” for example, a Consumers’ Co-operative may decide to paydividends based on purchases (or a ‘divvi’).
- “Supporting other activities approved by the membership.”
Again, it seems you’re just making stuff up about how these companies operate. Dishonesty is a very poor debate tactic, if you get called out on it.
If you would like your ignorance subsidized any furhter see here: http://en.wikipedia.org/wiki/Cooperative_principles