Comment by michaelmrose

2 years ago

It's not clear to me how this model can be meaningfully replicated. For instance corporations naturally minimize their labor costs according to the relative economic leverage of the participants often to the point of poverty vs those with little leverage whereas a cooperative would seem to be inclined towards decency at the cost of maximal profit.

This difference in profit is invested back into the company in terms of capital investment and lower prices allowing more capitalist exploitive corporations to out compete and ultimately buy or destroy coops.

Coops that exist in very small not very profitable niches may survive in the form of small businesses that make enough to survive but not to thrive its hard to see how this has any effect on the other 99.99% of the economy where most people are obligated to live.