[mbrock]

Scandinavian entrepreneurs and coop workers can certainly participate in the social security. Probably some reforms could make the situation better, especially if cooperative business becomes more of a norm.

When the firm spends more than it produces, it needs access to capital. This can be in the form of savings, credit, or new investment. Small new businesses are routinely launched through loans. Credit institutions are quite used to absorbing losses.

A worker-owned coop can also take investment from external capitalists. It would just be in the form of a profit-sharing contract rather than equity with voting rights.

[varjag]

We are in Norway and my wife ran her own small construction engineering business for a few years. You get no welfare, as it is funded from your previous payroll contributions, and only for up to 2 years. If you business is too small for you to have yourself on payroll, tough luck. Getting there takes a while, as tax burden on a business here is quite significant.

> Credit institutions are quite used to absorbing losses.

They are also quite good at taking the profits on their investments. If a bank bails you out, it wants to take its pound of flesh. You essentially arrived at status quo.