9 ms·
Glad you agree! I also think that's how things should run. Now go ask the bank for a credit line to do this and you will understand why the privatisation of mo
by andrepd 4y ago
Glad you agree! I also think that's how things should run.
Now go ask the bank for a credit line to do this and you will understand why the privatisation of money creation impedes worker-owned co-ops (or any ownership structure other than the standard capitalist one).
- hellojesus 4y agoYou can fund from non bank sources. There are private money lenders too. It is possible it is hard to find a co-op because it's harder to collect on a delinquent loan. Or perhaps data shows that they fail more frequently.