Not sure why more companies aren’t co-ops.
Because most businesses need initial capital to scale enough to survive, and too many workers live paycheck to paycheck.
That’s right. Hopefully there would be banks willing to loan some seed money.
Banks are too risk averse, they prefer the devil they know, and they like having a few rich people to point fingers at if the business goes sideways.
There are a few funds investing in cooperatives, but I've never looked at how they work, and that's not where most of the money is.
That would mean less wealth for the useless leeches at the top.
Hey is that Alex Hirsch?
No, this is Patrick
No, it's mickey mouse
Your health
9 Comments
radiohead37@lemmynsfw.com · 20 pts · 1y
Not sure why more companies aren’t co-ops.
ViatorOmnium@piefed.social · 16 pts · 1y
Because most businesses need initial capital to scale enough to survive, and too many workers live paycheck to paycheck.
radiohead37@lemmynsfw.com · 4 pts · 1y
That’s right. Hopefully there would be banks willing to loan some seed money.
ViatorOmnium@piefed.social · 7 pts · 1y
Banks are too risk averse, they prefer the devil they know, and they like having a few rich people to point fingers at if the business goes sideways.
There are a few funds investing in cooperatives, but I've never looked at how they work, and that's not where most of the money is.
FinalRemix@lemmy.world · 10 pts · 1y
That would mean less wealth for the useless leeches at the top.
jupyter_rain@discuss.tchncs.de · 17 pts · 1y
Hey is that Alex Hirsch?
cm0002@lemmy.world · 11 pts · 1y
No, this is Patrick
the_crotch@sh.itjust.works · 1 pts · 1y
No, it's mickey mouse
innermeerkat@jlai.lu · 4 pts · 1y
Your health