• intensely_human@lemm.ee
    link
    fedilink
    arrow-up
    51
    arrow-down
    9
    ·
    4 months ago

    That’s called fraud, and it violates consent, and it’s therefore not a free market activity, which makes it more of a breakdown of capitalism than the thing itself.

    • Entropywins@lemmy.world
      link
      fedilink
      arrow-up
      12
      ·
      4 months ago

      Hey its called catfishing and for some of us it’s the only way we can get a date…

      Signed - definitely not a restaurant totally super hunky dream guy

    • J Lou@mastodon.social
      link
      fedilink
      arrow-up
      13
      arrow-down
      2
      ·
      4 months ago

      Capitalism doesn’t qualify as free market activity then. Capitalism inherently involves treating persons as things. In the firm, the workers are jointly de facto responsible (DFR) for production, but the employer gets sole legal responsibility for the positive and negative results of production. This violates the principle of legal and de facto responsibility matching. DFR isn’t de facto transferred, but legal responsibility is. Morally, this is an institutional fraud
      @memes

      • intensely_human@lemm.ee
        link
        fedilink
        arrow-up
        1
        ·
        4 months ago

        Capitalism inherently involves treating persons as things

        In what sense, that other economic systems don’t?

        This violates the principle of legal and de facto responsibility matching.

        Not sure what such a principle would mean.

        The different levels of involvement in an enterprise reflect the fact that each person is free to enter a variety of types of economic cooperation. When people get choice, diversity of behavior is the result.

        What you’re seeing in different people having different levels of risk taking, responsibility, involvement, is evidence that those people entered the contract willingly.

        • J Lou@mastodon.social
          link
          fedilink
          arrow-up
          1
          ·
          4 months ago

          It treats persons like things by not holding them responsible for the results of their actions.

          That principle would mean that workers should jointly own the produced outputs and jointly owe the liabilities for the used-up inputs as in a worker cooperative.

          An intuition pump for the tenet would be situations where the law doesn’t fail to apply the principle. Consider an employer and employee committing a crime together.

          Consent doesn’t transfer responsibility.

          @memes

      • intensely_human@lemm.ee
        link
        fedilink
        arrow-up
        2
        ·
        4 months ago

        From wikipedia:

        Capitalism is an economic system based on the private ownership of the means of production and their operation for profit

        Central characteristics of capitalism include capital accumulation, competitive markets, price systems, private property, property rights recognition, self-interesteconomic freedom, meritocracy, work ethic, consumer sovereignty, profit motive, meritocracy, entrepreneurship, commodification, voluntary exchange, wage laborand the production of commodities.

        (emphasis mine)

        What definition are you using?

        • Match!!@pawb.social
          link
          fedilink
          English
          arrow-up
          2
          ·
          4 months ago

          The other one on Wikipedia:

          The capitalist mode of production is characterized by private ownership of the means of production, extraction of surplus value by the owning class for the purpose of capital accumulation, wage-based labour and—at least as far as commodities are concerned—being market-based.