they did fail, so ... anyway, I don't believe in historical school, it's good to study it, but you can't really know what all individuals did back then. Syndicalism can't work (who owns the investments and risks for instance?). Problems aside, why you'd prefer an out right cartel dictating prices?

Replies (3)

 BlueDuckBTC's avatar
BlueDuckBTC 1 month ago
I can give you literally thousands of worker cooperatives still operating today. But hey, just look up one, Mondragon. Now, when you say cartel, you mean only a few “bosses” who own the only handful of companies within a market? 😂
I don't know them, I'll look it up. when a syndicate owns some sort of vertical their incentives are: high wages, fewer hours, higer price of whatever they do. customer wants the opposite: lower prices, better quality, more things available how does a worker control / syndicate align those? they don't. they act as a cartel.
and I think you mix two things. internal structure is irrelevant. you can have companies co-owned by their staff. usually workers don't want to bare the risks. they don't use their houses as collateral. you as a business owner do.
↑