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Boeing says it can’t make money with fixed-price contracts
(arstechnica.com)
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this post was submitted on 26 Oct 2023
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So you have a system that doesn't reward increased productivity between members, or even provides some metrics for measurement. You can have a successful project with non-performing members.
Co ops directly reward increased production, increased production would lead to increased surplus, and the surplus is democratically allocated, weather that's bonuses or investments, raises even if they see the increase is surplus as permanent. All of thats extra money that everyone gets to decide what to do with. Thats more incentive than ive seen more than most workers in top down systems get.
I don't see that getting implemented in an engineering company.
There are employee owned companies out there given the economics of creating an engineering company, but I don't see a co-op format scaling. At most, it is going to be employees choosing leadership.
Google Mondragon corporation and you can see a co op scaling up over history. You dont have to imagine, it's already happened and you can read about it.
Edit: and here's all their industrial co-ops under the one large Mondragon co-op. https://www.mondragon-corporation.com/en/we-do#negocioIndustria