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[-] radiohead37@lemmynsfw.com 3 points 1 week ago

Not sure why more companies aren’t co-ops.

[-] ViatorOmnium@piefed.social 4 points 1 week ago

Because most businesses need initial capital to scale enough to survive, and too many workers live paycheck to paycheck.

[-] radiohead37@lemmynsfw.com 1 points 1 week ago

That’s right. Hopefully there would be banks willing to loan some seed money.

[-] ViatorOmnium@piefed.social 3 points 1 week ago* (last edited 1 week ago)

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 1 points 1 week ago

That would mean less wealth for the useless leeches at the top.

[-] jupyter_rain@discuss.tchncs.de 3 points 1 week ago
[-] cm0002@lemmy.world -1 points 1 week ago

No, this is Patrick

this post was submitted on 01 Aug 2025
34 points (100.0% liked)

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