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by pydry 1207 days ago
>Worker run cooperatives have not been particularly successful so far.

Common != Successful.

The fact we don't have many Mondragons probably has less to do with its intrinsic efficiency and more to do with pre existing wealth distributions.

>What would alternative be?

One change that Jeremy Corbyn put in his manifesto in 2017 was a law mandating one worker board seat for companies over a certain size.

I didnt think it was a particularly drastic change but it drove the big business lobbies into a fit of white hot rage.

2 comments

Even with an egalitarian wealth distribution, who would want to invest only in the company they work for? That'd be putting all their eggs in one basket for no good reason. There are sensible reasons for outside investment to be a thing.
do you think that would make an real difference? what about ending corporate lobbying and political donations?