They precede Capitalism, sure, but in our modern world it's easy to draw the line between those and Capitalism. Capitalism is very effective at incentivizing these.
Unemployment is necessary under capitalism. Employees point to the suffering of unemployed people as an implicit threat to their workers. Look how bad off those people without jobs are, you'd better do what I say if you don't want to be one of them. Don't ask for more money or better treatment, you're not valuable or special, there's a hundred unemployed people out there who would work cheaper than I'm paying you so watch your mouth.
Who'd stay at a job where they're treated like shit, if they weren't afraid of the consequences of defying their employers? Capitalism doesn't work without starving, unemployed workers as an implicit threat to keep the others in line.
Socialism. When properly implemented, it has a fair amount in common with capitalism but you keep what you earn, the disabled aren't left to die, and billionaires aren't an option.
Much like how capitalism is judged by it's results and not it's intentions we've had enough socialist experiments to know that it's the people that are the problem not the system we use to organize them.
How are dynamics of violence and power handled? Within such systems I'm always worried about elites, coercion, consolidation. How are binding decisions made, and how do we prevent those powers from bringing about the things mentioned previously?
@jlou
A different thread: why only worker co-ops, and not also other sorts of co-ops?
I do wonder if, in order to encourage innovation, it's a good idea to allow non-coops in limited forms.
For example (and feel free to adjust these numbers), you can start a business and employ people but as soon as you pass €1 million revenue or 5 employees (whichever is first) then it has to become a co-op.
The existence of UBI, UBS and an economy that's majority co-ops should limit exploitation.
@jlou Can you expand on number 3? Distributing resources and/or capital for investment is the part of economic democracy for which I've never quite seen a good solution.
I've read Schweickart, Dahl, Olin Wright and Hahnel and none of their proposed systems are that great IMHO.
How about capitalism with the appropriate government controls? Break up monopolies and all anti-competitive practices. Use regulations to actually punish violators (and not with some small fraction of profits gained from that violation). Increasing tax rates for the super wealthy with the right tax shelter penetrating laws.
Sprinkle in some appropriate social policies and safety nets.
Capitalism inherently violates a basic tenet of justice. For example, consider a bus vehicle company, the employer owns 100% of the produced buses and owes 100% of liabilities for used-up inputs. The employer is solely legally responsible for the whole result of production. Workers are jointly de facto responsible for using up inputs to produce buses. The basic tenet of justice is that legal and de facto responsibility should match. There is clearly a mismatch here in capitalism @memes
Socialism. Worker Ownership of the Means of Production. Society run and owned by the Proletariat, for the good of the people, not profits for megacorps and large Capitalists.
Not like it started with capitalism, these 3 have drastically changed under capitalism. Our only hope is that they will change further under techno-feudalism into something less devastating
Capitalism fundamentally has issues with it that cannot be solved via regulation. There is absolutely no reason why it's necessary that there be petite dictators in charge of Production, rather than democratic control.