basically, I have a very rough understanding, but whenever I see people promoting the idea of stateless capitalism they always seem to believe that every last individual would be somehow empowered with the bargaining power needed to tell companies and employers “fuck you” if they desired. I doubt this.
Employers need employees as much as vice versa. So that employers bid against each other for the workers.
It’s true that some individuals will not be worth much money. A drunken arrogant guy will not be the one with bargaining power, because nobody wants him. C’est la vie. I mean, should someone pay him anyway?
some other random stuff that I’m concerned with is wage labor,
Let it be determined by supply and demand, lest the company go bankrupt.
your opinion on direct democracy,
Will lead to the many poor voting themselves huge amounts of money from the few rich.
and labor vs. subjective theories of value.
The latter is right.
1. I remember arguing that sometimes one finds a diamond in the sand, sometimes one has to work hours in the mines to find one, and yet they both get the same price. Why is that? Because the buyer doesn’t care about how much labor went into it.
Someone answered that the labor theory says the price is determined by the average amount of labor put in, not the labor of every particular instance. But in that case, since half the world is below average by definition, they are getting overpaid. So that if the workers of the world unite, half of them will not lose their chains, but their free lunch.
2. And really, when you go to the store and are attracted to something, do you say “I really want that. Look how much labor [or average amount of labor] went into it, yum!” I suspect that you could not care less how much labor went into it.
