this post was submitted on 20 Aug 2023
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[โ€“] agamemnonymous@sh.itjust.works 2 points 1 year ago (1 children)

Market Socialism (like worker co-ops)is my personal preference:

Private companies still exist, but instead of being beneficially owned by separate investors, they are collectively owned by the workers themselves. Think privately-traded corporations where all shares are held exclusively by employees. Profits can be reinvested in the company, spun-off into other ventures, or distributed between the workers themselves.

This retains the competitive benefits of markets, while cutting out the non-working investor class. Fewer billionaires, stronger middle class.

[โ€“] WolfhoundRO@lemmy.world 0 points 1 year ago

And, instead of dictatorial decisions coming from CEOs and separate investors, the decisions would be debated and decided by vote in the workers' board. An actual workplace democracy