"Capitalism without capitalists" from Post-Capitalist Society
Moreover, even low-skilled Issues related to the dignity of service workers are no longer proletarians in the post-capitalist society. They own the means of production as a group. There are hardly any rich people among them, let alone the wealthy.
However, they own the means of production as a group through pension funds and trusts.
"No longer proletarians" made me feel like it's "no longer post-war" lol tkgshn.icon*2
Those who exercise shareholder voting rights for the employees who own the means of production are also employees who work for pension funds. Or they are employees called public servants who are responsible for managing the pension funds of local governments.
This means that when pension funds invest in listed private companies in the stock market, those who hold the voting rights of the companies (for example, the Japan Pension Service) are employees who work for the pension funds or public servants.
The GPIF, which manages public pensions, had a surplus of over 10 trillion yen from October to December
In the past (capitalist society), there were capitalists, but their power has diminished.
Already in the United States, pension funds are the only true capitalists.
That is, in the post-capitalist knowledge society, capitalists are employees. They receive salaries as employees and think of themselves as employees, recognizing themselves as employees. However, they act as capitalists.
Under capitalism, employees served capital, but under post-capitalism, capital can serve employees.
Related
"Will the post-capitalist society collapse with machine learning?"(#60d70a9b09c5f20000a4fb53)
Pension capitalism
Social ownership of capital