> worker-owned cooperatives have not taken over the market, although they are an available institutional form, because (a) they find it hard to raise capital I

> worker-owned cooperatives have not taken over the market, although they are an available institutional form, because (a) they find it hard to raise capital Isn't this just a circular argument then? The economic system based on tradable joint-stock companies is not conducive to other forms of economic organisation. Huge surprise! :) Of course they can't raise money in an economic system where money creation is privatised, that's exactly the problem!