this post was submitted on 24 Jul 2023
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Anarchism
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Oh, you mean the occupancy and use sense of personal property. That does not allow one workers' collective to rent out means of production to another workers' collective and retain ownership. It is different from what Ellerman is arguing for. I also edited the comment to add another point
Not quite. Personal property can also be thought of as a group ownership. In fact often it has to be because it is difficult to manage in larger organizations otherwise.
Renting out the means of productions seems like a non-issue as when you are not using them why not give them to someone else to use? This is well established in Anarchist library economics texts.
The article also seems to be more concerned about investments into future returns from the means of production, but again this is basically just repeating the staking concept used in Mondragon for this, which is not uncontroversial, but benefits might out weight the risk that it creates a two class system within the company.
Renting out means of production is another way for workers' collectives to exchange products of their labor, and receive something else that they value more. Giving away the means of production would mean forgoing compensation. It isn't clear whether the person you're giving away the means of production to will use it in a socially efficient manner. Prices provide a rough approximation of social cost especially in an economy with common ownership of natural resources @anarchism