You don’t receive shares for free. You receive shares in return for your labour. You don’t become an equal member of a partnership as soon as you join.
Comment on I'll care when I work for a co-op that is equally owned by all the workers.
DreamlandLividity@lemmy.world 10 months ago
I also want to receive stuff for free.
Who doesn’t want to join a co-op and receive shares of the company for free. Almost no one wants to start a co-op, financing it, taking risks and responsibilities only to give shares away for free and gain nothing for their risks.
svcg@lemmy.blahaj.zone 10 months ago
DreamlandLividity@lemmy.world 10 months ago
Then it is not equally owned as the title says.
surewhynotlem@lemmy.world 10 months ago
You’re struggling so hard in the comments, just to be wrong.
Why are you so invested in capitalism? Do you own lots of capital or something?
DreamlandLividity@lemmy.world 10 months ago
I don’t own much capital, but I live in a post communist country and I sure as hell don’t want to experience the shit our country already went through once.
GoodEye8@lemm.ee 10 months ago
Except shares don’t represent the amount of ownership of a company. Everyone gets one vote regardless of how many shares they have, thus equal ownership.
GrumpyDuckling@sh.itjust.works 10 months ago
It depends on how it’s structured.
boonhet@lemm.ee 10 months ago
They do however represent the ability to profit from it. Which is what the whole “paid enough to care” thing is all about.
I don’t much care if I have equal voting rights to everyone else in a co-op of which my share is worth ten bucks a year in dividends if the founder is making a million a year or something (which I’d say is realistic for a medium sized company). At the same time, the founder is not going to just give away his ownership, maybe in small chunks, but not the majority of it.
svcg@lemmy.blahaj.zone 10 months ago
Fair cop.
DerArzt@lemmy.world 10 months ago
Y’all are getting shares as part of your compensation?
wieson@feddit.org 10 months ago
You don’t finance it, you take a loan from a bank on the company. If the company folds, it goes bankrupt, not you. You don’t take anymore risk than the other workers.
If the company is dead, you’re still a human and now just another worker on the job market. You don’t go to jail for going bankrupt.
DreamlandLividity@lemmy.world 10 months ago
Then go ahead and start one :D Good luck finding a bank that gives you an unsecured loan to start a business.
zalgotext@sh.itjust.works 10 months ago
Eh, banks give out loans for people to start restaurants all the time, and restaurants are notoriously risky businesses. There’s hundreds of worker-owned co-ops in the States, so it’s not impossible to find a bank that will fund them.
CoCo_Goldstein@lemmy.world 10 months ago
** Citation needed.
captainlezbian@lemmy.world 10 months ago
And if you want a reward for founding a business but want it to be a co-op there are methods thst are reasonable and fair like selling it bit by bit to the employee union at a reasonable price or willing your company to your workers.
explodicle@sh.itjust.works 10 months ago
This unironically
boonhet@lemm.ee 10 months ago
You still take all the risk because the bank is going to say they won’t give a loan to a new company without a track record, unless someone is willing to be a guarantor.
Now you share the profits, but all the risk is yours.
Unless you have a bunch of people lined up to start the co-op and they’re all willing to pitch in or become guarantors with you, in which case it might just work - but again, the initial people are going to have more skin in the game than the rest.