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I'm vaguely familiar with the co-op model through organic co-op grocery stores. I actually like the notion of grocery stores being run this way, but members pa

I'm vaguely familiar with the co-op model through organic co-op grocery stores. I actually like the notion of grocery stores being run this way, but members participate in a grocery co-op primarily so they can get less expensive organic groceries and even have a say in what the co-op carries. Really it's just buying in bulk with strangers. But then I look at a corporation where members are ultimately voting on their best idea for making the corporation profitable, and presumably also mixing in ethics as well, that's where things could get hairy.

kuschku 10y ago
Well, I am member of a cooperative grocery store chain, which has 10k employees and an annual income of about a billion. A regional chain, not national or international, but sizeable. And it works, mostly because people aren’t members to become rich. A few years ago the sibling chains in other states (which were organized in the same model) fused into one public corporation, quickly focused on profits, and ended up with corruption, and bankruptcy. So, we’re not going to focus too much on profit anytime soon.