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True, and I have no problem with that. In fact such ownership structures are possible and do exist in many capitalist countries as well. There’s no law against
by simonh 4y ago
True, and I have no problem with that. In fact such ownership structures are possible and do exist in many capitalist countries as well. There’s no law against it. Ultimately capitalism is founded on individual economic freedom, and that includes the freedom to enter into cooperative ownership structures and the sort of charitable trust structure Patagonia now enjoys.
The main reason I think we don’t see cooperative worker owned enterprises very often is that employees generally are not interested in assuming the level of financial commitment, responsibility and risk that goes with ownership.