this post was submitted on 10 Jul 2025
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Probably some sort of collective ownership, profit sharing, with negotiation and consensus building. Other people more well read than me have spent a lot of time thinking about this. My starting position is that the standard capitalist model of "I pay you $10 to make a widget, and I sell it for $1000 and keep all the profits" is not okay.
Do the owners assume financial responsibility now? I think that's what LLCs and other corporate structures are for- to shield individuals from liability and responsibility.