this post was submitted on 10 Jan 2024
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You could do that. You could even distribute ownership, profits and risk among the workers. Literally nothing prevents someone from starting a business using that model. But then being paid a share of profits instead of a fixed salary is...probably not desirable for most people.
You're making a few assumptions, which unfortunately are wrong.
There is downward pressure against worker co-operatives. Number 1, Capitalist firms are far more willing to brutally exploit Workers to maintain competitive advantage. Number 2, there is little infrastructure in place to assist with starting worker Co-operatives, unlike Capitalist firms.
You can absolutely pay a fixed salary in a worker co-operative, and place any excess into funds for expansion or to pay steady salaries when in economic troubles.
Worker Co-operatives are desirable for workers, that's why worker co-operatives are far more stable, last longer, and have higher job satisfaction than Capitalist firms.
All of that to say that Worker co-operatives are only one form of Socialism, and they still knock the socks off of Capitalist owned and run firms, because it turns out, dictatorship is unnecessary and unpopular.