Cooperative ownership of firms, while still maintaining Capitalism, means that workers will now be able to Democratically vote on who to fire during recessions, and will be able to collectively decide to reduce wages to maintains their firms competitiveness. It's arguably more democratic and less cruel, but it's not socialism.
The negative impact of such inequalities on social solidarity was made painfully evident in the former Yugoslavia, which had implemented full market socialism. The uneven distribution of historic and geographic advantages meant that inequalities across firms were also expressed regionally.
yeah, it's probably not fair to blame the entirety of the Yugoslav wars on market socialism, but it definitely exacerbated the issue.
Idk but this isn’t socialism tho
Doesn't this imply that the means of production are owned by the workers?
Cooperative ownership of firms, while still maintaining Capitalism, means that workers will now be able to Democratically vote on who to fire during recessions, and will be able to collectively decide to reduce wages to maintains their firms competitiveness. It's arguably more democratic and less cruel, but it's not socialism.
Here's a decent article on Mondragon Co-Op , and why it's experience shows that worker ownership cannot succeed on Capitalism's terms.
yeah, it's probably not fair to blame the entirety of the Yugoslav wars on market socialism, but it definitely exacerbated the issue.
The only thing that it implies is that managers are voted for, which doesn’t make it socialism.
deleted by creator