Reply #2: CO-OPs make profits: profits just go to the emplyees {who own it equally} [View All]

[oscar111]

they make profits. However they have the option of not being rabid about increasing the profits. As long as they get enough profits to compete, and also as long as they can pay all the owner/employees, they can keep going well.

There is no man at the top with a rabid urge to get a bigger and bigger pile. No one harming the employees and customer alike, to rake in more profits to his wallet.

No one bribing scurrilious candidates to pass laws that harm the citizens in order to fatten his wallet.

That is the beauty of co ops.

They have a sane, moderate lust for profits. But usually no more than that.