Comment by herrherrmann
Comment by herrherrmann 10 hours ago
It’s not just about hiring people who care to begin with, but caring for the business is much more natural if you’re a co-owner and can directly benefit from the organization’s success. Compare that to the gig economy where workers are worn down, paid as little as possible, and thrown out at a whim. In worker-owned businesses, workers are more motivated and more retained (there are also studies around this, afaik).
That "caring" a coop member has gets prioritized after addiction, health issues, family obligations, and so on.
You still need a mechanism for dealing with workers that e.g. just don't show up. You also need that mechanism for co-owners of an LLC, and so on.