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That's complex for my taste, a little too close to a ponzi scheme which puts us right back to capitalism, but I'm going to have to think about it more. Just my
by BuckRogers 6y ago
That's complex for my taste, a little too close to a ponzi scheme which puts us right back to capitalism, but I'm going to have to think about it more. Just my gut reaction. I'm more of the mindset that employees simply organize and buy their place of business when the owner is ready to sell. Each just figures out their own financing for their part, and they own and operate it collectively. Of course we'd prefer to work with other socialist business like credit unions and so forth. Creating that coalition that you speak of, just not so massively integrated into one entity. I tend to believe smaller works out better. Easier for humans to manage effectively.
New enterprise could be started with a group of folks the same way, but I prefer proven businesses. No reason for the first wave of worker owned co-ops to go under. Start with the smalltown gas station etc. Like with any human endeavor, choosing your partners and how it's managed is critical. Everyone should be highly motivated since they're owners. But I do think as people see it working well for some, attitudes will change. No one will want to work for a capitalist enterprise once they see how good life is for co-op owners. In the end the cashier at a local store may be far more enthusiastic to help you than how it is today. Your pizza will be made right and delivered on time.
There is no perfect system but I do think we could at least have a healthy mix of other options. Given circumstances for my generation, my life's goal other than to be happy is to start a successful capitalist business, stabilize it, then sell it to my employees as a co-op. Offering to stay around for a while, if they'd like, to make sure everything works out.