4 ms·
What are the concrete benefits? Do they tend to make greater revenue or profits? Pay higher wages and offer greater benefits to employees?
by jimbokun 5mo ago
What are the concrete benefits?
Do they tend to make greater revenue or profits? Pay higher wages and offer greater benefits to employees?
- munk-a 5mo agoCoops tend to have better aligned incentives for employees on every step of the ladder. They'll tend to be more conservative about R&D but ensure that money that's being spent is being productive for the continuing health of the company since instead of that budget being "corporate's money pile" it's your potential profit share. I think there's also a tendency towards longer tenure and higher value employees due to the investment in the company's future being a sort of central tenant of their attractiveness.
- jimbokun 5mo agoAny data to support those claims?
- fuzzfactor 5mo agoNot usually the kind of data that the greediest capitalists would appreciate. There are some case studies here, but it's only one professor in a largely non-capitalist approach overall: https://www.reddit.com/r/Cooperative/comments/1bm5s5s/richard_wolff_videos_on_worker_coops/ https://www.reddit.com/r/Cooperative/comments/1bm5s5s/richar...
- jimbokun 5mo agoThanks for the link, but Reddit is blocking it as if it’s adult content or something. But if I use the app, it will suddenly be OK. Very strange.
- dartharva 5mo agoGenerally, yes. Also the gap between the employee and executive class is a lot smaller instead of unnaturally inflated like it is in most private equity companies.