this post was submitted on 25 Feb 2025
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Profits are a bit like internal taxes on wages.
Co-op NPOs should use these taxes to further the company's goals instead of crude extraction into the goals of the owners.
Those aren't perfect, because once they reach a certain size any form of corruption can have big bad consequences. The Fediverse approach to this is "decentralisation", but all decentralisation efforts have an API vulnerability - there needs to be a central body that develops the "language" between the actors.
On the other hand, you might not have an ear for any of this, because you might be dependent on your business' profits.