Shares of what acquired by labor instead of property?  What are you going to
acquire buy your  "arm and hammer" buy outs?  Exxon?  Flextronics?  Tinto
Rio?  Coca-Cola? I don't think so.

You cannot buy out, substitute, or displace the existing "social
accumulation."  You can seize it, destroy it, etc.

Splitting profits equally?  No such thing.  Oxymoron.  Profits by definition
are a function of inequality.

And as soon as your isolated communist community comes into contact with the
world of finance capital, you're venture begins its morping into good old
private capitalism.

Plenty of history to demonstrate all of the above and all of the above are
compressed in the history of the Russian Revolution.


----- Original Message -----
From: "Dmytri Kleiner" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Sent: Saturday, July 17, 2004 8:41 AM
Subject: Re: [PEN-L] Venture Communism


> On Sat, Jul 17, 2004 at 09:25:07AM -0700, sartesian wrote:
> > Well, if you want another view..
> >
> > It seems to me that "Venture Communism" is little different than
Proudhon's
> > "people's banks" dealing in "labor money."
>
> Thanks for the tip! I will investigate Proudhon's "people's banks."
>
> > Rather than "Venture
> > Communism," this proposal should be called finance Proudhonism is no
> > alternative to advanced capitalism or social revolution.
>
> It is only meant to be an alternative to existing ways to start new
> organisations, it is an investment scheme, it is not a politcal system.
>
> However, by making these new organisations more equitable and more
democratic
> it paves the way to socialism and is therefore an alternative to violent
> revolution, with the advantage that existing social accumulation is
> preserved and not destroyed.
>
> > The utopian formula at the heart of "Venture Communism" might have some
> > application in isolated, and essentially agrarian, communities, but it
has
> > no application in class struggle between labor and property.
>
> Why so? The forumla at the heart of Venture Communism is shares aquired by
> labour instead of money and profits split equaly, why do you imagine that
> limits its application as you describe?
>
> Please explain.
>
> Regards,
> Dmytri.

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