J Lou on Nostr: democratic companies can make number go up just fine. In an economy where the legal ...

democratic companies can make number go up just fine.

In an economy where the legal rights to appropriate the fruits of one’s labor are treated as alienable, there is a collective action problem with formation worker co-ops. All workers have to cooperate to ensure a co-op is formed, but an employer can just individually deal with each worker resulting in a capitalist company being formed. The collective action issue is the same as with unionization