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I think so too. In principle, the workers still have democratic decision-making power in the operation of the co-operative. So a functioning co-op is still bett
by kiliantics 9y ago
I think so too. In principle, the workers still have democratic decision-making power in the operation of the co-operative. So a functioning co-op is still better than any hierarchical corporations, which usually suffer from the same problems anyway.
- hueving 9y agoWhy do you think democratic decision making in a corporation is a good thing?
- andrepd 9y agoPrevents the grave unequal power balance between workers and owners, by doing away with the concept of "owner" entirely.
- hueving 9y agoBut that has nothing to do with optimal outcomes for a business or the optimal utility for society. Also, it doesn't dispose of the concept of owner. It's exactly like a publicly traded company with shareholders. The only difference is that the shareholders are restricted.
- kiliantics 9y agoif "optimal" outcome for a business comes at the expense of conditions for workers, then I wouldn't consider it optimal