this post was submitted on 10 Nov 2024
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[–] ghen@sh.itjust.works -3 points 1 month ago* (last edited 1 month ago) (1 children)

Worker cooperatives can't run an entire country. They can barely run a single business, but only if the business is small.

[–] Keeponstalin@lemmy.world 6 points 1 month ago (1 children)

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.

[–] ghen@sh.itjust.works -4 points 1 month ago (1 children)

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

[–] AwakenedAce@lemmy.blahaj.zone 3 points 1 month ago (1 children)

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".

[–] ghen@sh.itjust.works -2 points 1 month ago

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