[Market Socialists] I have 4 questions about co-ops

I'm asking again, wouldn't forcing the co-op to buy back their own shares (because someone is retiring from the co-op) hurt the co-op?

This varies by country, and the effects are generally weak. There are lots of coops in high capital industries.

Uhm, I don't think so? Do you have any sources on that?

This is the case with most state investments, and probably less so for coops due to their lower relative failure rate.

My point is that banks are not required to give regular start-ups loans. If we want to have co-ops in these sectors, we have to force banks to give these co-ops loans. I think that's significantly inefficient.

Observe today. How many people own stock in the company they work at? It's almost none.

Then why not teach personal finance? It is probably easier than making radical changes to our economy.

It's not like they are just not interested in buying stock, it's that they just don't have the money.

Oh, okay. However, the problem is you cannot make more than your marginal benefit. This applies to co-ops as well. So if you are making 15$/hr, hypothetically, 14$ goes to your wage and 1$ is in partial ownership. Considering they cannot do much with the shares they own, what's the point? In fact, I'd argue that letting people buy stocks is better.

Private ownership increases inequality, and inequality tends to not be good.

Well, that's why we have government policy.

/r/CapitalismVSocialism Thread Parent