• @Keeponstalin
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    611 days ago

    That’s not true. It’s simply a democratic structure. All workers share in ownership instead of a private few. Profits are not horded, they are reinvested into either more compensation for the workers or into the business. If you think Democracy can’t run a country I disagree.

    • @[email protected]
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      fedilink
      -410 days ago

      I’m familiar with the concept, you don’t need to explain it. I’m just saying it can’t work in the real world yet

      • Vivian (they/them)
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        fedilink
        310 days ago

        It does work though?

        For example Duralex, a famous French glass tableware/kitchenware manufacturer, started transitioning to a worker cooperative in July of this year. This is a company that has like 25 million euros in revenue per year (2023), so I don’t think we can consider it “small”.

        This was approved by the Commercial Court of Orléans fyi and I don’t think they’d have done that if it “can’t work in the real world”.

        • @[email protected]
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          fedilink
          -210 days ago

          As I said before, it can work for small businesses but not for countries. Country governance was the original topic of this thread.