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There are a series of overlooked axioms in that train of thought, in that: - All people involved are capable of learning skills outside of their knowledge doma
by x-complexity 2y ago
There are a series of overlooked axioms in that train of thought, in that:
- All people involved are capable of learning skills outside of their knowledge domain as quickly as those inside those domains (People interchangeability)
- All people involved won't have ideological splits for the direction of the company
- That everyone involved wants to partake in the risks of ownership (market uncertainties/shifts, illiquid buyout scenarios, dealing with ownership transfer headaches, new incoming co-owners, ownership dilution, etc.)
- That there is time outside of their work to manage the overhead of this co-op
- That the talent required to ease their workloads is receptive to the co-op concept, or cheap enough to hire (not likely) in cases where they just want a stable income (see point 3)
- That the decision overhead from the co-op is lower than the standard corporate structure (possible, & likely the easiest axiom to fulfill out of the list, if the time of the co-owners is cheaper)
The author of the post responded to a similar question made earlier: Certain mental, financial, & cultural logistics are just not there/available given the time-frame involved. The co-op ideal is wonderful, but it requires a series of fulfillments that not everyone is as receptive towards.
https://news.ycombinator.com/item?id=40766367 https://news.ycombinator.com/item?id=40766367
- jacknews 2y agoSome of the largest companies in Europe are co-ops, and they don't require employees to become CEOs overnight. Those companies still have recognizeable structures, just that the profits don't get sucked out at the whim of a small group of 'owners'; the employees have a stake in those profits and some say in how the company (that they maintain, and likely helped to build) is run.
- x-complexity 2y agoThe fact that there are co-ops still doesn't refute the fact that a series of prerequisites need to be fulfilled, just so that the co-op doesn't collapse in on itself. Co-ops exist, only after the requirements are fulfilled. Furthermore (and more important for me personally), axiom 3 (That everyone involved wants to partake in the risks of ownership) still isn't addressed in the given response: What if I found a job in a co-op, but I don't want the profit sharing & just want a fixed salary? So far, the best procedure that I've seen addressing this issue allows for the existence of non-member workers, from which workers can invest a fixed sum to become member workers: https://www.reddit.com/r/cooperatives/comments/o9lyrr/comment/h3c01wx/ https://www.reddit.com/r/cooperatives/comments/o9lyrr/commen...