Yeah, I think the key difference with coops is the wealth distribution and the decision power. Since it’s the workers who own the coops, they decide how the coop operates and they’re the direct beneficiaries of the profits generated by the coop.
Situations where I’m skeptical regarding coop model is in the areas that need to be serviced regardless of the financial incentive. For example, something like healthcare simply needs to be provided regardless of whether it’s profitable to do so or not. These areas seem like they’re better served by SOE model where the state eats the cost.
And it remains to be seen regarding the second point, but again I do think that coop model is resilient against foreign influence because you can’t just bribe the boss of the company.
Yeah, I think the key difference with coops is the wealth distribution and the decision power. Since it’s the workers who own the coops, they decide how the coop operates and they’re the direct beneficiaries of the profits generated by the coop.
Situations where I’m skeptical regarding coop model is in the areas that need to be serviced regardless of the financial incentive. For example, something like healthcare simply needs to be provided regardless of whether it’s profitable to do so or not. These areas seem like they’re better served by SOE model where the state eats the cost.
And it remains to be seen regarding the second point, but again I do think that coop model is resilient against foreign influence because you can’t just bribe the boss of the company.