this post was submitted on 03 May 2024
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So a publicly "invested" coop. You know like those publicly invested private EV battery plants.
I would make the comparison to SaskTel or Canada Post
Kinda but Canada Post and SaskTel are crown corporations which means pipsqueak can sell them like Manitoba sold MTS. A private workers' co-op (could even be a non-profit) can't be sold by an ideologue and its workers are likely to keep it sustainable and a good place to work. Theoretically they could vote to sell, but I think that would be unlikely since they would be giving up a lot. But don't get me wrong, I'd prefer a crown corporation than a foreign grocer.
I'm mostly in agreement, and would prefer worker-owned co-ops over crown corporations in theory, my only issue is one of scale, and that's unfortunately where a crown corp wins out, unless UFCW starts opening union co-ops across the country to compete with Loblaws.
Which they should, but UFCW doesn't have the guts to try