Hi all,

I’m seeing a lot of hate for capitalism here, and I’m wondering why that is and what the rationale behind it is. I’m pretty pro-capitalism myself, so I want to see the logic on the other side of the fence.

If this isn’t the right forum for a political/economic discussion-- I’m happy to take this somewhere else.

Cheers!

  • planetaryprotection@kbin.social
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    1 year ago

    Worker cooperatives (and often cooperatives in general) are an example of this. They almost always exist within a capitalist system, so are not able to completely separate themselves from all aspects of capitalism, but they are definitely examples of common ownership of means of production.

    Specifically you can look up the Mondragon Corporation which is probably the biggest/best known example of a workers cooperative but there are many others. There are lots of variations on this same concept - one where risk, rewards, and decision-making are shared more equitably among everybody participating. I think the most interesting are food co-ops (and sometimes CSAs), utility cooperatives, and housing cooperatives. These are all over the place and are often quietly successful examples of common ownership.