A worker controlled company will be just as profit focused, the only difference being who the profit benefits. It’s not a fix for external costs.
Again, you’re worried about the economics, not the culture and government. If you don’t have a working culture, you’re never going to have the economics you want.
A worker controlled company will be just as profit focused
First off, you’re wrong. Capitalist-owned companies have a mandate to grow due to the ever-increasing demand for return on investment, and those who control the company have no disincentive for the maximization of profit (this shit is as old as the field of economics itself, so you might want to read some leftist literature and catch up). Worker-owned organizations can choose to grow or not, as they wish. And they have built-in disincentives against the maximization of profit, as they are the ones who must labor to produce it, and they also must suffer the consequences of bigger and more complicated work environments. So while capitalist organizations will ALWAYS be forced to the limit, worker-owned companies have much more room to choose, and to consider factors like how their behavior affects their communities, their environment (externalities), and the rest of their quality of life.
Second, I wasn’t talking about a single capitalist company. I was talking about a whole economy built around them (capitalism). That, by the way, inherently includes talking about government (the modern nation-state is built to protect, uphold, and enhance capitalism, for capitalists). And it also inherently is about culture, which as I already pointed out is influenced by economics every bit as much as the other way around (far more so, in fact).
A worker controlled company will be just as profit focused, the only difference being who the profit benefits. It’s not a fix for external costs.
Again, you’re worried about the economics, not the culture and government. If you don’t have a working culture, you’re never going to have the economics you want.
First off, you’re wrong. Capitalist-owned companies have a mandate to grow due to the ever-increasing demand for return on investment, and those who control the company have no disincentive for the maximization of profit (this shit is as old as the field of economics itself, so you might want to read some leftist literature and catch up). Worker-owned organizations can choose to grow or not, as they wish. And they have built-in disincentives against the maximization of profit, as they are the ones who must labor to produce it, and they also must suffer the consequences of bigger and more complicated work environments. So while capitalist organizations will ALWAYS be forced to the limit, worker-owned companies have much more room to choose, and to consider factors like how their behavior affects their communities, their environment (externalities), and the rest of their quality of life.
Second, I wasn’t talking about a single capitalist company. I was talking about a whole economy built around them (capitalism). That, by the way, inherently includes talking about government (the modern nation-state is built to protect, uphold, and enhance capitalism, for capitalists). And it also inherently is about culture, which as I already pointed out is influenced by economics every bit as much as the other way around (far more so, in fact).