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Worker owned business can't even compete. Name one such company that is in the top 5 in any product category.
by perryizgr8 5y ago
Worker owned business can't even compete. Name one such company that is in the top 5 in any product category.
- johannes1234321 5y agoThis is to a large part due to worker owned business being unable to attract capital. A capital giver wants ownership or at least tcomaprable influence as consequence. At that point they aren't worker-owned anymore. Generally however I think worker-owned companies are unlikely to take risk but value the workplace of current workers over future workers. (i.e. closing a department in order to build a new market will be delayed)
- jesboat 5y agoOcean Spray. Wikipedia describes it as > Ocean Spray is an American agricultural cooperative of growers of cranberries and grapefruit headquartered in Plymouth County, Massachusetts. It currently has over 700 member growers (in Massachusetts, Wisconsin, New Jersey, Oregon, Washington, Florida, British Columbia and other parts of Canada, as well as Chile). The cooperative employs about 2,000 people, with sales of $1.2 billion in fiscal year 2013 and accounts for 70% of North American cranberry production.
- atq2119 5y agoApparently Huawei has an interesting ownership structure that may partially approximate this? Unfortunately I never bothered to try to find out in more detail.