Quote:
Originally Posted by RFlushDiamonds
That being said, do you have any opinion on worker owned coops?
If a group of workers want to start a business, I'm not against it despite the fact I would never invest, or be part of one.
Quote:
Originally Posted by RFlushDiamonds
Is every idea a socialist has bad a priori ?
It does not work. If you want to call that "bad", go for it.
For example:
Lets work with your worker owned coop....
First you have to have capital to start that business. There are loans available, there are investors, and savings a group can use. Having investors kinda defeats the purpose, though, as in giving up ownership in the company for cash.
Second, and likely the most important, would you invest your labor and money with a group of workers who likely have no skills running a business? If you had the cash and business acumen, why wouldn't you just start a business yourself? That does not discount the fact you might have some workers who can run a business, but I don't think that's common. They might know how to run the labor part of the business, but will they be skilled in things such as marketing, accounting, etc. Further, would you trust your capital and labor to a board made up of workers, who might have their own short-term self-interest in mind while voting on what direction to take the company (i.e. pay raises instead of putting money into marketing).