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Co-ops and nonprofits aren't always great. We have a co-op grocery++ store (almost like Walmart I assume) in Norway named Coop. It's a fine store and all but th
by sfn42 3y ago
Co-ops and nonprofits aren't always great. We have a co-op grocery++ store (almost like Walmart I assume) in Norway named Coop. It's a fine store and all but they're no different than the rest.
They spend tons of money on advertising etc so they just end up acting exactly like a forprofit corporation except they can say they're a co-op and market themselves as "a little bit yours" because you can pay like $20 a year or something and "own" it.
I'm convinced there's a bunch of forprofits siphoning off the profits somehow. Just like with charities, they find ways to extract that cash flow. Slurping it up like black gold.
- greggyb 3y agoMunicipalities aren't always great. That is an entirely different point than the uniqueness of municipalities. I don't disagree with anything you said.
- leshow 3y agoThe benefit of a coop structure like this is for the workers. Worker owned coops tend to have flatter pay scales, retain employees longer, and are internally democratic.