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As opposed to the current US system where large shareholder-owned corporations dominate the market, which lets them grow, which is a positive feedback loop in t
by dls2016 7y ago
As opposed to the current US system where large shareholder-owned corporations dominate the market, which lets them grow, which is a positive feedback loop in that incentive structure?
- TaylorAlexander 7y agoThank you. So often when I talk about solutions people say “it won’t work” because of some problem they’ve identified. They completely miss whether the current system also has that problem and whether the proposed situation at least represents an improvement. I can’t solve every problem nor do I claim to! All human systems will have difficulties. But some systems are set up structurally to be more exploitative than others.
- shadowgovt 7y agoYes. The system that currently exists is very realistic, by definition. To be clear, I'm criticizing the notion that small worker-owned / worker-managed corporations and a free market are an inherently stable structure (because free markets will favor consolidation). I'm not against large worker-owned / worker-managed corporations, and I think they could be a significant improvement on the ecosystem of shareholder-owned corps we find in the US.
- rapind 7y agoI would agree. I think overall big picture analysis is good too. But if we can agree that there's an improvement to be made we should start to work iteratively towards that improvement keeping an eye out for further improvements and lessons. For starters we could make it easier to start and run worker coops. Next step would be to implement some small incentives (even getting the money from cutting currently awful subsidies in corporate welfare!).