[badpun]

> Cooperatively run companies are one way to do this. If the major companies of our world were cooperatives, a wide swath of the population would gain the wealth our world is increasingly producing.

How do you imagine we manufacture for example microprocessors in such scenario? I.e. how does a group of people start the next Intel as a co-op, without ever taking any external capital? BTW I've sent the same question to Chomsky some time ago, but no response yet.

[SequoiaHope]

Well this could be done with anarchist communism where the economy is made up of a network of communes that trade with one another. Of course to build microprocessors you need to develop some wealth, so like any economy they’d have to grow slowly starting with smaller things. But over time I see no reason why a network of communes couldn’t amass the wealth necessary to build microprocessors. Although one issue is that communists are I think less focused on wealth accumulation.