this post was submitted on 01 Sep 2023
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Maybe part of degrowth would be fewer public companies beholden to shareholders.
Private companies are still beholden to their owners. Would the alternative be government ownership?
Co-op structures could work too.
In co-ops the employees have a controlling interest, right? So a majority of them would still need to want to shrink the company. That might be easier to convince them than investors though.
True, it would still need to be based off the cooperative ideas. There was an awesome forestry co-op in the 70-90's called the Hoedad's that had an interesting model and had each section ran as separate crews with even different pay structures and even philosophical structures. They did tree replanting and brush cutting and many other activities but each sub group bid contacts independently but we're part of the workers cooperative collectively.