Why are worker’s cooperatives so rare? This is not a trivial question — because they can pay “dividends” in the form of wages, they can entirely avoid corporate income tax. They must be so inefficient by nature of their structure to outweigh their advantages.
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@captgouda24 This rubbish is applying capitalist thinking to worker co-ops. #coops pay good wages as strategic goal not to avoid tax. They also need to make profits (taxed) to reinvest in sustainable future business for others. Investor ownership is profitable by exploitation not efficiency.