Political Memes

Nestle got away with lies and deceit in developing countries with ineffective legal systems. What sort of legislation that wasn't already in place would you have implemented to prevent the tragedy?

Bare minimum? How about emulating the US laws they were dodging... Though we can do far better than that. I can't help but notice they achieved that dominance in the absence of legislation that protected them though.

The difference between an employee and an owner is that employees aren't required to invest, and thus take on less risk.

If legislation exclusively protects the monopolistic ends of companies, there's not really much risk, is there?

As part of a workers collective, if the entire group decides that we need to buy some new equipment (the cost of which necessitates each of us remortgaging our houses), I have no say whether or not I want to go along with the plan.

When the workers are shareholders, the workers manage these issues like any other shareholders. This isn't complicated. I won't raise the stats pointing to the resilience of coops through start-up and economic difficulty, nor those relating to worker satisfaction or pay.

Water and electricity public utilities. We the people have collectively agreed to provide these as services for the common good.

There might be hope for you after all - we agreed to provide them for the common good because...?

Regarding grocery stores, I don't know anything about these companies or UK law so I won't comment.

I'm not in the UK, and the country is irrelevant - there's no law required to create that market failure. There usually isn't.