this post was submitted on 11 Jun 2024
648 points (98.2% liked)
Technology
61263 readers
3927 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The real sad thing is that you and the person you replied to are talking like "publicly traded" and "private" are the only two options, because worker cooperatives are so rare everybody forgets about them.
For me anything "private" just means you can't buy shares publicly. Worker cooperatives would be included in that (since you need to be a worker to own a "share")
And those go public anyway. I used to work for the largest employee owned company.