At its core, liberalism is fairly anti-capitalist. There are many arguments against capitalism from liberal principles such as the principle that legal and de facto responsibility should match. The workers in the firm are jointly de facto responsible for using up inputs to produce outputs, but receive 0% claim on the positive and negative production while the employer solely appropriates 100% of the positive and negative result of production
I Strongly disagree. The capitalist mode of production is axiomatic to Liberalism. Private ownership of the means of production is what is being referenced, not personal property. The alternative, a socialist mode of production, where companies are owned and governed in a democratic structure by all the workers, is completely viable. It’s a democratization of the workplace and economy.
Locke saw individual liberty as defined through private property, contract, and market—in other words, by individual ownership of economic possessions that could not be arbitrarily usurped by the state. Freedom for Locke amounted to more than absence from external restraint; it also meant living in conformity with a nonarbitrary law (to his left critics, a protocapitalist law) to which the individual had consented.
Liberalism refers to both a coherent political philosophy and a historical political tendency. The former liberalism is anti-capitalist. Yes many historical liberals were pro-capitalism, but this position makes their liberalism incoherent.
Private property rests on the principle that workers have an inalienable right to appropriate the positive and negative fruits of their labor. Capitalism violates this norm. Locke was wrong
A market economy of worker coops isn’t socialism
