Economic Education: Get Some!

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So it’s only hard if you and your friends are lazy.

Basically. The benevolent government gets their paperwork + payoff and zoom you’re off.

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To be a worker co-op. The workers must own the business and democratically decide what is to be done with it. Profit-sharing does not reach the level of democracy in a worker co-op.

When Jeremy Corbyn was asked where would the workers get the money to purchase the business. Corbyn smiled and said the government.

Your right-wing talking point.

I don’t want that many cooks in my kitchen. Say I invent a new product, revolutionize a market. Why should I let those I employ take control of part of that? They took no risk to create the product therefore they don’t share equal risk in the success or failure of said product.

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That’s not a right wing talking point. The article can be read in 12 minutes - if one is too stupid to understand the directions there are two options:
Hire a business attorney who understands these matters (you probably need one anyway to write the founding documents correctly)
Don’t start the coop because one clearly lacks understanding and the requisite IQ points to run a business.

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Because he’s a moron.
Oh and according to his wikipedia entry - an antisemite.

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Do you have an example of this actually working anywhere to any degree?

Bro, you have to get rid of the stubborn if you want it to succeed. No socialist system has done it yet. There’ve been mighty attempts, but no successes.

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Pharma would be an industry of oligopolies. They collude together to keep the gravy train runnin’ They have their lackeys in the FDA protect markets for them. They suppress treatments that work better than the garbage they offer in order to make more profits.

Media is another oligopoly. At one time there were over 100 media outlets. In the beginning of the 90’s I think there were 50, now it is only about 6 who own most of everything. There is massive concentrations of power. The bounds of debate are narrow. Unless your independent media you can’t venture out in the margins. Most mainstream media falls within the accepted margins of debate and this has brought on the most propagandized country on the Earth. They make you believe there is choice when there really isn’t.

Try the Mondragon Corporation worker Co-op in Spain. They started out with 6 employee owners now it is over 100k. About 200 Co-ops together as one. They’ve got their own bank and university. Microsoft and GM send over their employees to work along side of the Mondragon workers in their lab. . “In Mondragón, I saw no signs of poverty. I saw no signs of extreme wealth,” Peters said. "I saw people looking out for each other said noted poverty expert and sociology professor Barbara J. Peters. Hhhhmmmm… just like in the u.S.

Yeah he is an antisemite according to Wikipedia.

Yeah who would want workers to get ahead, only a moron.

Then you would simply quit the Co-op and go it alone.

A single person doesn’t run a co-op. Everyone does. It is democracy in the workplace.

Incomplete list:



Next.

Prove collusion.

Let’s assume this is true, it has zero to do with whether the pharmaceutical industry is an oligopoly.

No, legacy media is at the end of its life cycle as a result of creative destruction. It’s radio. It’s printed media. It’s soon to be a memory, not an oligopoly.

Which is why 10 million people listen to each episode of Joe Rogan and <1m listen to CNN primetime.

Read some Schumpeter and broaden your economic mind.

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That would involve going past what I have come to call first level thinking. Most folks raised in the internet age or spending to mich time on the internet have actually reworked their brains to behave like a search engine. The tendrils of thought spiral outward along the surface (like google looking at meta data to display results) and never drill down to deeper meaning.

It’s why many modern folks are so politically one sided and can’t solve simple problems like “how to lose weight” (see fat acceptance and HAES “activists”). Their brains literally cannot probe below the surface.

See “The Shallows” by Carr.

Our friend here is a shining example.

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I’ll actually agree with Zep that we have oligopolies and monopolies. I just disagree with his way of dealing with that. He wants everything to be controlled by a single entity, and I would prefer fewer barriers to entry and fewer regulations. I’m unsure how his solution doesn’t result in a worse problem.

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It’s debatable in some industries, I’ll give you both that.

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