So where do Co-ops fall, one where all the workers own everything equally and vote on hiring and firing etc?
Flippanarchy
Flippant Anarchism. A lighter take on social criticism with the aim of agitation.
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That would be socialism because the power and profit of the company are eventually distributed throughout the workforce regardless of their capital investment.
coöps are cool, but we can't just have coöps. their liberatory potential is cancelled out by the fact that they still participate in capitalism and they still need to turn a profit.
Even if the labour of individuals might be slightly transformed by having a vote over the methods and aims of production, the very nature of co-operatives as institutions for the production of commodities renders them a revolutionary dead end. Even enterprises seized by workers during struggle and turned to cooperative production face a dead end if the broader struggle across society does not continue to move forward.
they still need to turn a profit
Creating surplus value is the goal of all economic activity.
I get accused of being a capitalist in this community/instance for some of the most benign and unrelated shit.
I'm not.
This is why Biden was centrist at best
Biden is a right-winger. Liberalism is right-wing, and has never been anything else.
It's not perfect, but it's they best we've been able to make work with so far. What he have right now is unbridled capitalism which isn't good even for those at the top because it will lead to total economic collapse. Capitalism works best under tight regulation. Which we don't have right now.