this post was submitted on 03 Jul 2023
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Co-ops are still capitalism.
Capitalism is a system of capital accumulation with the people who own the means of production and hire workers to operate them. Co-ops are a market economy, but they're demonstrably not capitalism because capital is distributed fairly amongst the workers doing the work. Learn the difference between markets and capitalism.
Co-ops can be capitalistic and are capable of functioning under capitalism, but they would also work much the same under any market economy. Decisions and would be profits are democratized/socialized.