• ☆ Yσɠƚԋσʂ ☆OP
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    1 year ago

    Socialist phase where means of production are owned by the workers, and then communism.

      • ☆ Yσɠƚԋσʂ ☆OP
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        1 year ago

        The problem there is getting the initial seed funding. Investors put money into companies because they want to have control over the company, and they can’t do that with a cooperative. There is a systemic bias towards capitalist company structure because of that.

        • trailing9
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          1 year ago

          Investors want to make money above all. You can issue bonds with favorable interest rates as long as you have a solid business.

          • ☆ Yσɠƚԋσʂ ☆OP
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            1 year ago

            The reality clearly demonstrates that investors don’t bother investing in coops. You’ve obviously never actually tried to get investors to invest in a coop.

            • trailing9
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              1 year ago

              No I haven’t.

              But I expect that the search for people who want to participate in an expanding cooperative is the bigger problem.

              Do you know of a cooperative that wants to issue bonds?

              • ☆ Yσɠƚԋσʂ ☆OP
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                1 year ago

                I recommend learning a bit about the subject before arguing about it. Cooperatives don’t issue bonds because nobody is going to buy these bonds.

                • trailing9
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                  1 year ago

                  Or cooperatives don’t issue bonds because they believe that nobody will buy them.

                  It’s the perfect investment for people who don’t want to participate in the usual capitalism.

                  • ☆ Yσɠƚԋσʂ ☆OP
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                    1 year ago

                    If you ever try starting a coop you’ll find out how hard it is to get investment in practice. It’s kind of hilarious that you think nobody thought of these obvious things to try before you.