• ChairmanMew@lemmy.world
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    1 year ago

    True. What we need is to remove the underlying problem, which is the profit motive to overcharge and underpay. That is, democratic worker-owned companies, answerable to employees instead of shareholders

    • Cleverdawny@lemm.ee
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      1 year ago

      Those companies exist but are generally not competitive in terms of the product delivered to the consumer, largely because of a lack of ability to adapt to serve the needs of the market. They’re focused on their employees instead of their businesses and end up getting outcompeted for a variety of reasons.

        • Cleverdawny@lemm.ee
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          1 year ago

          WinCo is mostly employee owned but is run as a privately held business by its board of directors, not the workers. It’s run like a normal company, more or less, although employee ownership does mean employees have more of a voice when it comes to business decisions.