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The middle ground is something along the lines of a co-operative/charity. These are organizations that can and often do operate as a business selling things, p
by tacostakohashi 5y ago
The middle ground is something along the lines of a co-operative/charity.
These are organizations that can and often do operate as a business selling things, providing services, and paying their suppliers, employees and landlords at commercial / market competitive rates, but don't aim to distribute surplus profits to their shareholders.
For a traditional co-operative, the shareholders are the customers, so the incentive is that they get whatever service they need reliably and without price gouging or increases. The flipside is that the co-operative itself isn't incentivized to increase efficiency or lower prices.