It works though, and typically when these cooperatives grow large enough they easily outcompete the privately owned businesses where the profits are siphoned ou

It works though, and typically when these cooperatives grow large enough they easily outcompete the privately owned businesses where the profits are siphoned out to people who contributed nothing and who have no knowledge or clue about the actual business. In cooperatives the owners actually know what is happening on the ground because they work in the company, and the profits don't flow out of the business. https://en.m.wikipedia.org/wiki/Mondragon_Corporation https://en.m.wikipedia.org/wiki/Mondragon_Corporation