On: The Basque Country’s Mondragón Corporation is the ...

[marricks]

I was shopping at winco a couple years back, which is employee owned, and one of the cashiers was in his 40s/50s and mentioned he had a couple million in retirement.

Very cool to hear, dude will likely be better off than me. Employee owned corporations are good.

[astrange → marricks]

Unclear why hearing that someone else is richer than you is supposed to be cool, regardless of if they're capitalist coded or cashier coded.

[anthonymartinez → astrange]

i dunno why you wouldn't want to celebrate the success of others, especially when they're essential workers!

[astrange → anthonymartinez]

I don't think this situation is the same thing as celebrating the success of others!

Of course in my neck of the woods (Silicon Valley) it's expected that all 50 year olds are multi millionaires, as all you need for that is have owned a house for a few decades.

[anigbrowl → astrange]

Because it suggests non-capitalist business models can be more successful than generally imagined.

[astrange → anigbrowl]

I think this is already well known due to the existence of landlords, who are pre-capitalist. Although most people don't think of farmers or California retirees as belonging to this class, which they probably should.

[getwiththeprog → anigbrowl]

Co-ops are a capitalist business model.

[astrange → getwiththeprog]

If you can't sell your shares in a company, I think it has a good argument for not being capitalist, even though you produce market goods.

[Theory42 → getwiththeprog]

You say that like its a bad thing...