Comment by abujazar
7 hours ago
The post is written like as if consumer coops is a radically new idea (spoiler: they're everywhere in Europe). Unfortunately they have long since succumbed to the same mechanisms as their competitors and have a tremendous power concentration in top leadership, with directors making ridiculous salaries. On paper though, e.g. Coop with a 25 % market share in Norway is owned and controlled by about 1 million of its customers.
This idea is model after those consumer coops from JCCU to mondragoon to some other smaller american consumer coops. Our proposition is that the openly displayed set of the CO-OPs goals along side AI moderation may help with alleviating these issues
Hah, so this. USSR had it formalized in form of PotrebCoop, literally consumer cooperative in 1921.
Consumer cooperatives go back to at least 1844
https://en.wikipedia.org/wiki/Rochdale_Society_of_Equitable_...