Problems are not just hidden in a price. They are vocalized and deliberated upon and conveyed to syndicates by communal boards.
Prices do not hide problems, but rather expose those problems in quantifiable way. Without quantifying problems society loses the ability to handle them rationally.
Let's say your community is faced with two production choices. It can produce variant A while producing less pollution, or variant B creating more pollution. Members of other communities prefer B to A. How will the community choose?
The market answer is to charge more for B, an excess which can be viewed as the price of the pollution. If others are willing to pay the extra amount for B, it makes sense to produce it despite the higher pollution level. Otherwise, stick with A. The higher price of B thus exposes the pollution issue to the rest of the world.
How would your world handle the issue?
Lower costs of labor can occur for a variety of reasons. It can occur by automation, which is not always a bad thing so long as production is always controlled by workers themselves (which it is not under capitalism). It can occur as a result of cheaper labor elsewhere due to different labor laws and/or standards of living and inequality. It can occur due to deprofessionalization, where labor is given less control and discretion on the job and instead more routine and standardization. The reasons--and whether it is efficient, both in terms of economic cost and social and psychic costs (time, stress, anxiety, etc.)--are not evident in the price and also often not even reflected in the price.
But of course they are. For example, if people are less happy to engage in deprofessionalized tasks, a producer would have to pay more to attract workers, and the issue will be reflected in the price. If a product can be produced more cheaply due to lower labour costs elsewhere, its price could be dropped reflecting the lower costs. Workers in a foreign country face fewer employment opportunities. They appreciate the opportunity to work more than domestic workers. That preference is expressed in their willingness to work for lower wages and, ultimately, in the price.
Local syndicates could very well keep track with rigorous bookkeeping of how much of what is needed and what goes into what. This could be very easily communicated with other syndicates and could very well work in a federated system, and it does not necessarily need to be governed by markets for this to be efficient.
Local syndicates can easily keep track of the quantity of different production factors. But without market-generated prices, how can you compare them? How can you tell whether producing using 10 * A + 5 * B is better or worse than producing using 5 * A + 10 * B if A & B are different factors of production, and you have no market-generated prices for them?
The price of labor in a market system, however, is not necessarily efficiently determined. The fact that I am getting cheap labor may mean more profits for my business, but it also may mean less economic consumer power. Is it really efficient for a capitalist business to buy labor at 10 cents an hour for 16 hour days? Maybe it is for the capitalist, but not necessarily for labor or the community from which labor is sourced. They are the ones who experience the social cost of high stress and job insecurity. And when the business moves for cheaper labor and lax pollution laws elsewhere? Once again it is the communities that feel those costs, not the capitalist.
Cheap labour doesn't mean higher profits. It means, in the context of a competitive industry, lower prices reflecting lower cost of production. Higher profits merely attract competition which would force producers to reduce their prices.
In terms of the workers and the community, under capitalism, they choose the work that best meets their preferences. All people prefer, other things being equal, making more money. But people also prefer shorter hours, more pleasant and safe working conditions, longer vacations and more job security. Different occupations (whether as employee or otherwise) represent different "packages", and workers are free to choose amongst them. "Efficiency" in that respect is expressed by allowing workers to choose the employment package that best suits their preferences.
Now in my system, labor is paid--not by somebody who owns the capital, but as voting members of a syndicate that makes decisions on the value of their labor. Labor would have to consider how much they are paid in one syndicate and how much they would be able to get paid in another. Likewise each syndicate would have to determine the value of incoming labor--how much do we pay engineers with more experience and expertise? How much do other pay them? Etc. Again, my system employs pricing, but within a socialist system where property is communally owned and the workplace is democratized.
Ok, so you envision free flow of labour from one syndicate to another, with syndicates potentially paying more to attract workers with valuable and rare skills. Once again I find your system interesting because it looks a lot like free market capitalism.
In particular, workers don't
really have the freedom to decide how much to pay their fellow workers. Conceptually you can think of the pay an employee gets as being made of wage plus profit share. I know you don't use this terminology, but bear with me. Broadly speaking, the "wage" component is the stable, long-term payment, while the "profit" (which could also be a loss) reflects short-term fluctuations above or below the "wage" level.
In the long-term, by this definition, the profit component averages to zero. If workers are offered a "wage" which falls below what they would be offered by other syndicates, they will leave the syndicate. If they are offered "wage" which is higher than that of other syndicates, the other syndicates would be able to offer their products for a lower price, thereby winning market share away. Thus in the long-term, the workers are constrained. What they can offer each other by way of payment is effectively determined by the market, not by their discretion.
Let's work through a scenario. An American syndicate is producing shirts to sell to various communities around the world. One day, a Vietnamese syndicate opens up offering the same shirts for a lower price due to lower labour costs. The American syndicate rapidly loses market share, as buyers prefer paying less rather than more for the same shirts. Soon, the American syndicates has to let all its members go as they find more profitable employment with other syndicates.
Thus the syndicate system doesn't protect workers from foreign, low-cost competition, does it?
More generally, let's try the following thought experiment. Let your society run for a while. Then one day change the "rules of the game" as follows. Every worker is awarded a share in the syndicates within which he works. He can choose to continue to hold the share, which entitles him for an equal vote in the running of the syndicate. However, the worker may also sell his share while keeping his job.
This change in rules doesn't make any worker's position worse than it used to be. Each worker may keep his share, and thereby his voting power within the syndicate. However, he now has an additional option open to him that wasn't available under your rules. It seems like the transition from your rules to mine makes nobody worse off, and at least some people (those who would choose to sell their share) better off.
The key difference is that right wing libertarians leave options open only on a formal level. There is no substantive means supplied for all in order to actualize potential. So only in a very abstract way are persons "open to a wide range of forms of social interaction"--however, if we live in a ghetto because we have next to nothing, then our "wide range of forms of social interaction" available in the abstract, as a formal guarantee, are in reality, substantially limited.
Yet this analysis flies in the face of history. 19th century workers, living in a much poorer society overall, and making much less money than modern workers, created and benefited from all the forms of voluntary organisations I described.
We have been discussing the tendency of right-libertarianism to "atomise" society. Logically and historically, free markets didn't create such results. On the contrary - mutual aid has declined due to the emergence of the welfare state, not due to capitalism.
If some are super rich at the expense of the many, those are real barriers that make a substantive difference on life opportunities--even if nobody can legally force me to do anything, I am forced by circumstance to, for instance, sell myself for less because I already have next to nothing.
What you have has nothing to do with how much you sell your labour (not "yourself") for. You sell your labour to the employer who (other things being equal) offers you the highest wage. Employers offer employment because they expect you to generate additional revenues for them. Facing competitive pressures, they cannot afford to underpay you, as then you would be snatched by their competitor.
In fact, the mechanism for pricing labour works precisely the same as the mechanism for pricing capital or land. The worker qua worker may have nothing but his labour to sell, but the capitalist qua capitalist has nothing but his capital to sell. Entrepreneurs qua entrepreneurs provide neither labour nor capital. Rather, they "hire" both in order to take advantage of opportunities they identify. Competing with other entrepreneurs, they are forced to pay market prices for both labour and capital.
We share nothing in common, universally--as social givens--, on a substantive level in right wing libertarianism. In that regard we are, you must admit, "left alone."
Yes, under right-libertarianism you are not owed anything is a matter of universal social "given". But that means precisely the opposite to being "left alone". Under other forms which do provide people with those common universals, a person need not cooperate or collaborate with others, and others feel no particular need to help. They know that your basic needs are already taken care of as "givens".
Conversely, under right libertarianism, you have no choice but to rely on what others give you voluntarily. And not just you - the same holds for every other member of society. Thus nobody in society can afford to be alone. Everybody must cooperate with others in order to survive, let alone flourish.
Needless to say, your mental image of workers as sweatshop workers without property and on the verge of starvation doesn't accord even with 19th century realities, not to mention those of the modern world. Workers have routinely used their wages to save, invest and emerge from the harsh conditions of poverty.
Not only was starvation unknown in capitalist societies, mutual aid was common and workers enjoyed modest luxuries that weren't available to them in previous eras.
Yes, but my point is twofold: the first is that the dichotomy between "Society" and "individual" is a false one. There is neither just "society" or just "individual". We are interactive beings, and society is composed of the networks of patterned interactions and individuality is derivative from that.
Ok
Second, Right wing libertarianism, as opposed to left wing libertarianism, leaves us free only in a negative and abstract sense. In reality it leaves so many confined and subject to the authority of others--authority that comes with economic power and control over the means of production. Left wing libertarianism socializes much of this: capital is socialized entirely, and certain social goods are shared in common so that opportunity is equally shared. So substantially, as well as formally, left wing libertarianism frees us to actualize our potential.
Freedom is always "negative". It signifies the absence of confinement. People in a free (i.e. right libertarian) society aren't confined. They can do as they please, provided only that they don't trample upon the property of others. Now if we lived on a small island, all of which was already owned, I could see the constraint of not trampling on other people's property as "confining". But in practice, we don't live in such a world. Earth is mostly empty, and opportunities abound.
However, the empty world doesn't provide us with economic goods. Those require human labour. A system which guarantees certain goods as "given" must, by logical necessity, compel others to provide you with these goods. That compulsion is inconsistent with freedom. So while under a free society you cannot be
guaranteed any goods, there is absolutely nothing to stop others from
voluntarily assisting you.
Free men are not equal and equal men are not free.
Government is not the solution. Government is the problem.