By the way you are entirely free to structure companies this way under a social democracy
You can set that up in any capitalist society, not just social democracy. It even happens in the US. That’s one of the major advantages of worker co-ops. It’s not true socialism though unless every business is run that way. I don’t really want social democracy. I want real socialism.
As for funding I am not sure. Real worker co-ops must get funding from somewhere I would look into that. In a full market socialist economy the government could have a role in that. After all the current scheme of needing Capital to start a business isn’t fair at all.
How do you get your initial capital to start the co-op? Like you can’t have investors, so is every worker required to buy in the the initial venture?
By the way you are entirely free to structure companies this way under a social democracy
You can set that up in any capitalist society, not just social democracy. It even happens in the US. That’s one of the major advantages of worker co-ops. It’s not true socialism though unless every business is run that way. I don’t really want social democracy. I want real socialism.
As for funding I am not sure. Real worker co-ops must get funding from somewhere I would look into that. In a full market socialist economy the government could have a role in that. After all the current scheme of needing Capital to start a business isn’t fair at all.