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Joined 2 years ago
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Cake day: June 8th, 2023

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  • Yeah? The executives are firing people, to lower costs, make the numbers look better…? Which makes the owners of the business money?

    Why wouldn’t the executives get bonuses or golden parachutes if let go? They are doing exactly what they are supposed to do.

    Executives don’t make products, provide services, or add any productive value. They are just the face of the owners, and will do the “hard” things for them.

    Like lie, commit crimes, do mass-layoffs etc etc.









  • For my city, just for a very specific example, it takes less than one afternoon and 80 bucks total (no fees and almost no capital fund requirements) to open a corporation. It takes weeks if not months to open a coop and it costs 2500 bucks PER member.

    I don’t know the specifics of all cities and states everywhere in the world. But the system is built to benefit private corporations much more, as it’s a capitalist system where owning capital equals power, and workers are a commodity.


  • Like the literal law. In most places it’s a much more involved and expensive process to even open a coop compared to a traditional private company. It takes more paperwork, more fees, more capital funds etc. Also, getting investors in (when they can’t own the coop, as they are not workers) or even loans from private or state banks/institutions is much harder. There are several programs incentivising people to open private companies, giving them tax credits, making the application and approval process easier, giving access to funds and education etc. How many there are for coops? In most places around the world there are 0. In what ways does it appear the opposite to you…? Like this all seems very self-evident to me.