I just wish this was talked about more. I know AOC has mentioned co-ops before, but we’re in need of proper legislation, and a legal framework, to support and recognize them. For the purpose of gaining access to capital (via bank loans) if nothing else. There are almost no drawbacks, and so many upsides. Aside from needing to learn how to actually work with other people, they’re legitimately better in basically every way to traditional businesses.
Cooperatives aren’t exactly socialist, though. This is a confusion of socialism that is ultimately reductive, removing firms from their place in society, both with respect to the broader economy and the state.
Many members of DSA would like to see a significant proliferation of worker owned co-ops.
I just wish this was talked about more. I know AOC has mentioned co-ops before, but we’re in need of proper legislation, and a legal framework, to support and recognize them. For the purpose of gaining access to capital (via bank loans) if nothing else. There are almost no drawbacks, and so many upsides. Aside from needing to learn how to actually work with other people, they’re legitimately better in basically every way to traditional businesses.
Cooperatives aren’t exactly socialist, though. This is a confusion of socialism that is ultimately reductive, removing firms from their place in society, both with respect to the broader economy and the state.
So coops in capitalism? Sounds like reform and we know reform doesnt work, we are living thru that right now.