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this post was submitted on 17 May 2025
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Asklemmy
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One issue is, that isn't necessarily the priority the employee owners will have. I followed some news of a successful coop business where I lived, that sold the business because it had become worth so much that the payout was life changing money for all of those people, so they voted to take the money and potentially retire sooner rather than keep going as a coop.
Ahh fantastic point. There isn't really an incentive for the individuals to maintain/perpetuate the institution.
Let's be real. A company comes in and offer you a life changing, fuck you money that covers the rest of your life.
Very few people can resist that, me included.