this post was submitted on 07 Nov 2023
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But... that's socialism. What you are describing is literally socialism. It's workers owning the means of production. What exactly do you think socialism is?
Socialism is the system of legal property rights in a society that grants ownership of the fruits of labor to the ones doing the labor. Capitalists, as in owners who collect profits just from owning, are not possible in such a legal system. Socialism is not just workers owning, it's workers being entitled by the simple fact that they're workers.
In the case of Mondragon the workers are not granted the fruits of their labor because they're entitled by the fact that they're workers, they're granted the fruits because they are the capitalist owners. It's a capitalist arrangement that only looks socialist.