this post was submitted on 12 Jun 2024
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I think another implication here is they trust a corporation more than a government
I'm not condoning this, but one argument I've heard is that it's easier to pick a different corporation (i.e. don't buy from them) than it is to change your government (every 4 years ish) and it's only the political party, not the civil service / employees (or whatever it's called in the USA) that change.
Of course monopolies, huge barriers to entry for new companies, etc, weaken this argument.
As a final note; I think the combination of unions, govt., and private enterprise is the best we can hope for under the existing system.
This argument also falls apart when the thing you want to buy is essential and/or all of the companies selling it are horrible (or the very concept of selling it at a profit is horrible), e.g. health insurance, water, housing, staple foods, and so forth.
I'm not sure I'd characterize any of those as a ".com" though
But that's exactly what libertarians want to do. They want the government to manage nothing and just let corps do everything with no oversight.
We have cooperatives in a lot of forms being part of our existing system. This is in the form of housing coops, cooperative banks, cooperative stores and worker owned companies. All of them survive and some even thrive in our current system. Mostly they are growing slowly, if at all, but are much more stable and fiscally conservative. They can even work very well on natural monopolies as utility cooperatives have shown.
There are also legal setups like trusts, which can be very benefitial, if done right.
Hear me out: Instead of companies we have various non profit organisations that evenly supply people with goods and have to keep their expenses completely transparent.
I'm sure there's some issues with this and I'm curious to hear them but I feel like this would still be far better than corporations and especially monopolies or oligopolies trying to take our money. (I hope it's clear that these organisations wouldn't have to be like existing ones just operate similarly and I don't care about it not counting as a non profit organisation in some existing government.)