this post was submitted on 15 Oct 2023
309 points (87.2% liked)
Memes
45516 readers
1254 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The difference to regular businesses is that management as a class doesn't require higher compensation. Similarly, the owners of the cooperative don't want to be compensated when they don't want to be part of the capitalist class.
This, together with the members being motivated workers, gives cooperatives room to compete with regular businesses.
I understand how cooperatives work, the point you continue to ignore is that none of what you say is seen working in practice despite over a century of people trying to compete with traditional business model under capitalism. Cooperative organization would work perfectly fine after the capitalist system is overthrown however.