Comment by danny_codes
4 months ago
Co-ops are one option to be sure. There are many successful co-ops, though usually in industries that don’t require huge startup capital.
The idea that billionaire returns are required for motivation is laughable. 99% of people are similarly motivated by a $10M return as a $1B return. The point is not necessarily to rid ourselves of capitalism entirely (though that’s logically the optimal outcome in the long run, since by definition capitalism’s optimization function is independent from socially or even individually desired outcomes), but rather to bring compensation disparity down to a reasonable level. I’d recommend targeting a GINI of .3 to start, if you want to put a number on things.
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