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In Germany we have some really large organizations that are organized as cooperatives (Genossenschaften), e.g. banks (Volksbanken/Raiffeisenbanken) but also tec
by ThePhysicist 6y ago
In Germany we have some really large organizations that are organized as cooperatives (Genossenschaften), e.g. banks (Volksbanken/Raiffeisenbanken) but also tech companies like DATEV eG that build software for their members (tax accountants in that case) and make close to 1 BN€ in revenue. So it can work.
- luckylion 6y agoDATEV feels like a government apparatus straight from the 80ies though, I don't think that's a good example. It's slow and expensive, feels very bureaucratic. A good example are housing coops though. They work rather efficiently, have not turned into bureaucratic monsters, and provide housing to their members at sub-market rates (at least in the larger cities), while still being profitable and usually paying ~4% as a dividend.
- ThePhysicist 6y agoYeah but to be fair they're basically implementing German tax law as a software product, it's a miracle it even works in the first place :D