this post was submitted on 03 Sep 2025
532 points (98.7% liked)

Work Reform

13839 readers
230 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] LustyArgonianMana@lemmy.world 6 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

They actually kinda legally DO have to follow fiduciary duty towards their shareholders. If their shareholders were also all the workers of the company, this then wouldn't be a conflict to pay them more, right? But that's actually literally socialism and that's why socialism is a boogeyman

[–] brucethemoose@lemmy.world 2 points 3 weeks ago (1 children)

Worker coops are not socialism though. It's technically capitalism, and it's not something you'd see Fox railing about.

They just don't arise much in the current system of stuff.

[–] LustyArgonianMana@lemmy.world 3 points 3 weeks ago* (last edited 3 weeks ago)

Worker co-ops are indeed socialism if all the shareholders are also workers, because it's the workers owning the company (means of production).