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Some of the largest companies in Europe are co-ops, and they don't require employees to become CEOs overnight. Those companies still have recognizeable structur
by jacknews 2y ago
Some 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...