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kaashiftoday at 11:17 AM1 replyview on HN

Workers are necessary but not sufficient for most businesses. You also need capital. This can be provided by the workers and is for many worker owners businesses, but when the business is very capital intensive that's just not feasible.

Are workers going to be able to fund Apple's factories or ExxonMobil's oil exploration? No, so they're not in charge.

You absolutely can start a worker owned business right now, or go work for one.


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tehjokertoday at 8:21 PM

Of course. That is why state guided worker coops are a good idea. Or state incentives to provide loans at good interest rates to worker coops.

The state provides capital, the workers operate the business, make management decisions, and have democratic input like the public does.

You might say, that kind of system isn't a perfect solution, but currently we have a dictatorship of wealthy individuals and businesses who are wholly unaccountable.