Why America's top 10 companies should be converted into worker co-operatives.

America's top 10 companies couldn't be made into co-ops Just grabbing one random top 10 from google, let's see.

GM, AT&T, Amazon, CVS,McKesson, UnitedHealth, Apple, Berkshire Hathaway, Exxon Mobil, Walmart.

The only one of these 10 it would be possible and desireable to make into a co-op is Amazon (because automation).

Walmart and Apple make their shit with sweat-shop and slave labour in other countries, GM makes much of its money on consumer financing, patents, along with military contracts that we need to cut anyway, plus it's got like 80% asset to debt ratio. And, it also doesn't have all its factories in the US. And Apple, again, factories aren't in the US - and the US should take the patents that it paid for back and put them in the public domain.

The medical corps need to be scrapped, their IP reclaimed by the government into the public domain, and start co-ops funded by the income tax to do medical research and to actually make the medicines.

AT&T and Exxon should be seized, dissolved, and you can have a co-op take over for AT&T if you insist, but the key point is to go back to regulated monopoly for public goods and natural monopolies. And, this time, not only encourage the equivalent of Bell Labs as it existed before the first anti-trust breaking up of AT&T, but have the research be tax funded (at least in part), and again, public domain the IP.

But if you think "democracy" is going to fix Exxon. . .I mean. . .the fuck?

/r/socialism Thread