RE: Democracy at work - dr. Richard Wolff
Thank you for your reply
The video of the not put up to be an endorsement of Marxism I don't really consider myself a Marxist.
I am pleased that you decided to comment on worker cooperatives and on that subject your comments make a lot of sense, cuz you said there's nothing preventing people from starting a worker cooperative that is true but there is a big disincentive. It is much harder to get startup capital for a workers cooperative, banks in general are reluctant to loan to them. Venture capitalist have little incentive too invest in them.
Creating a cryptocurrency how to trade online for startup workers cooperative
I think is the best solution the market will help weed out startups that won't work and you won't need government
Government grants.
I apologize if I came off mean-spirited, I just really hate that quack Richard Wolff. A worker's cooperative would have to be an investment by the workers. It's a risk, a venture. The challenge is finding workers willing to invest in each other. I imagine a lot of places have restrictions on how companies can be created, and that's a shame. If a group of workers are willing to pool their resources (i.e. risk their investment), they should be allowed to do so; they shouldn't be forced to receive grants from the government. I can see how a crypto-currency might help get around these restrictions. How would you propose the system work?
The worker always invests in the business.
In a capitalist business that investment goes to the shareholders.
You are right about needing to find the right workers.
Many workers are still brainwashed into this adversarial position;
That can be difficult to break out of.
Still, It can be done by most people.
In a workers' coop, the workers would be the shareholders (or simply owners, depending on the corporate structuring). So there's room for a coop in a capitalist society. In fact, I was curious, because a worker's coop is certainly attractive in its own way. If you are in North America, visit https://usworker.coop/member-directory/ and you can browse a number of workers' coops in the US.
That right there are some in the US. I want to see more It is much more difficult to get them funded where I feel cryptocurrency can help.