this post was submitted on 25 Jul 2024
710 points (95.4% liked)

General Discussion

11944 readers
17 users here now

Welcome to Lemmy.World General!

This is a community for general discussion where you can get your bearings in the fediverse. Discuss topics & ask questions that don't seem to fit in any other community, or don't have an active community yet.


🪆 About Lemmy World


🧭 Finding CommunitiesFeel free to ask here or over in: !lemmy411@lemmy.ca!

Also keep an eye on:

For more involved tools to find communities to join: check out Lemmyverse and Feddit Lemmy Community Browser!


💬 Additional Discussion Focused Communities:


Rules

Remember, Lemmy World rules also apply here.0. See: Rules for Users.

  1. No bigotry: including racism, sexism, homophobia, transphobia, or xenophobia.
  2. Be respectful. Everyone should feel welcome here.
  3. Be thoughtful and helpful: even with ‘silly’ questions. The world won’t be made better by dismissive comments to others on Lemmy.
  4. Link posts should include some context/opinion in the body text when the title is unaltered, or be titled to encourage discussion.
  5. Posts concerning other instances' activity/decisions are better suited to !fediverse@lemmy.world or !lemmydrama@lemmy.world communities.
  6. No Ads/Spamming.
  7. No NSFW content.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] olafurp@lemmy.world 54 points 1 month ago (1 children)

This sounds like a worker cooperative which is a classic socialist concept that could be applied to modern social democrat capitalism.

Since I straddle the line in my political views between Marxism and social democracy I'd like to share an approach.

Mandatory profit sharing and workers always have a certain proportion of the board elected democratically. Simple as that. CEO bonuses should be made illegal and all of those profits should be funneled to the workers. People will be a lot more involved in the corporate governance and it will align the will of the workers with that of the shareholders.

Economists say that in the long run productivity is everything and worker's having a for-profit voice that will make arguments like "we're losing our best workers because of low pay" to increase salaries is important. This will make each person higher paid and more productive.

You guys know about Walmart, that one rose to success by profit sharing but capitalism got the better of it and now so many workers both time and money poor because they work there.

[–] jlou@mastodon.social 22 points 1 month ago

While many socialists supported worker coops in the interim, an economy of exclusively worker coops comes more so from the classical laborists such as Proudhon.

@general