[tsimionescu]

The factory/IT office still has to exist for the work to be doable. However, that doesn't mean that each worker would bring their own laptop or tools, anymore than companies require that today.

In the kind of socialist society I describe, you would win a livelihood by either finding a co-op which values your skills, or by trying to start your own co-op, probably by borrowing money together with others from some institution similar to a bank. Everyone participating in the co-op you helped start would probably take on not just the profits, but also some amount of liability for the loan.

Now, this change alone would greatly reduce the concentration of wealth, and so, hopefully, may free enough money to avoid the need for everyone to find a place to work or die of starvation. Still, even if that doesn't directly happen, the same mechanisms that apply today would still apply - a state-funded safety net, anti-discrimination laws, state programs encouraging employment of unemployed workers, education programs etc. I don't see why the bar to finding a place to work would be any higher if companies were owned by their workers instead of being owned by capitalists.