• J Lou@mastodon.social
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    10 months ago

    There can be investors in market-based postcapitalist society. They just can’t hold voting shares, so they hold non-voting preferred stock.

    Freedom to structure one’s own company as a worker coop doesn’t undo the systematic violations of workers’ inalienable rights in all the other capitalist firms. The only way to fix that would be turn those firms into worker coops as well

    • throwwyacc@lemmynsfw.com
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      10 months ago

      See that isn’t very consistent is it? If you hold non voting stock you can’t vote on company decisions. But the company does now need to pay you a dividend, which according to you would be immoral as it would mean a third party is profiting from their labour correct?