Reply #68: Howzabout Capitalism Dominated by Worker-Owned Businesses? [View All]

[AndyTiedye]

Capitalism offers a number of options for worker ownership, such as running one's own business as Mineralman does,
or a cooperative, or even a regular corporation which is owned by its employees.

We may be heading that way anyway by default. Many of the giant corporations are collapsing under their own weight,
usually after having been hollowed-out and looted by their own management. What passes for corporate governance is a joke.
Those corporations that still have money aren't spending it here and aren't even expecting to make it here either.

They are abolishing themselves.

We're still gonna need stuff, and we're still gonna need jobs, so we're going to need some new businesses.
Employee-owned seems better than state-owned.