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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