What choices are left with oligopolies? With very little in the way to choose what ethical consumption is there in such a system. Kinda dulls the whole voting with your dollars thing.
In a worker co-op this is the way things are done. The workers hire and fire the managers. It is far more democratic than our current business model, which is much more authoritarian.
Did workers start the business and share the losses as well in this model? Usually when people start talking about sharing losses and debt, this flies right out the window with unicorns farts and the rest of the marxist drivel.
False. What you produce belongs to you and you have more of a connection with the item of production. In a capitalist system you do not own what you produce. The boss does.
Yes. Worker Co-ops sometimes fail, just like in private businesses. Except the workers decide what to produce, where to produce and what is to be done with the profits. Unlike in a capitalist system.
Yes they can. But the path is more difficult. The powers that be do not want the public to know that there is another way. So they put up roadblocks to stifle this method.
If I own the company I decide what to produce. To incentive my workers I can profit share with them…
It’s an at will employment contract. The worker can renegotiate the terms or find another contract.