• DarthJon@lemmy.world
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    5 days ago

    I understand that employee-owned companies exist (though I think it’s rather telling that I haven’t heard of any of them) but I thought this was a model for economic policy at the societal level. Those companies all exist within a capitalist economy.

    • J Lou@mastodon.social
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      5 days ago

      The idea is to mandate worker coop structure on all firms.

      It’s not that telling. Without a worker coop mandate, there are collective action problems and market failures. It’s harder for all the workers to cooperate to form a worker coop than an employer to hire up all the workers.

      No society has a full worker coop mandate because the modern arguments for it were published in the 90s. Some countries do mandate some worker board representation and codetermination though
      @canada

      • DarthJon@lemmy.world
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        4 days ago

        Mandating it doesn’t seem to be consistent with individual liberty, though.

        Forgive me for being pragmatic about this, but if this was such a good idea and consistent with the interests of the people, you wouldn’t have to mandate it. This is how things would be done.