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Co-ops seem like they are better suited for a side-hobby rather than your main source of income. Part of the reason for less income inequality is that the type
by bcheung 12y ago
Co-ops seem like they are better suited for a side-hobby rather than your main source of income.
Part of the reason for less income inequality is that the types of people who join them aren't primarily concerned with their monetary compensation. They are more concerned about a cause or outcome than earning money.
It's selection bias.
The majority of people want to get paid the most they can. It seems like a co-op tends to pay the in demand and highly skilled people less, and the less skilled people more.
I think it would be hard to attract and retain high-end talent if they can earn more in the standard workplace.
- mercer 12y agoIt's a bit of a chicken and egg situation. I suspect variations on the co-op model, more 'holistically' extended to include more parts of life perhaps, might be preferable to many people over the current approach, whatever it's called. But without experiencing it, and with the mindset that more money = more happiness, most people wouldn't give it a shot. And I understand that.