Has any entrepeneur socialized his own business?

[Stephen Colbert]

It would be interesting if some affluent business person was a closet socialist and removed himself from ownership. Any cases of this?:laugh:

[Amphictyonis]

http://seattletimes.nwsource.com/html/businesstechnology/2011111010_birthdaygift18.html

[Stephen Colbert]

yesssssss

[RadioRaheem84]

Not yesssss.

Rosa Luxembourg wrote about entrepreneurs who would turn their enterprises into co-ops because they knew the tide turned against them during the turn of the century.

It's an opportunist venture among them.

Even today, capitalists are counting worker owned and managed enterprises as another notch on the belt of capitalism's infinite genius.

[Property Is Robbery]

I love Bob's Red Mill, he gave them the company because he's old and is gonna die. Not some scheme.

[RadioRaheem84]

Not all are schemes but we shouldn't count on them to give the factory to their workers.

[Broletariat]

Not all are schemes but we shouldn't count on them to give the factory to their workers.
Exactly, change will not come from above.

I also find this to be almost in the vein of the "kind slave owner" situation.

[Property Is Robbery]

True

[Peace on Earth]

On a related note, are there any thriving socialized businesses that compete on a fairly large scale? Evidence that the workplace can be effectively run from the ground up.

[Milk Sheikh]

As long as MoP is in private hands, production can move along one line alone: profit. Else, the individual concerned wouldn't even bothering owning the MoP.

Any adjustment to such a system, therefore, will have to be made keeping this in mind; which means any adjustment to the system would be utterly useless. At best, the form could vary, but the content would remain the same.

[RadioRaheem84]

On a related note, are there any thriving socialized businesses that compete on a fairly large scale? Evidence that the workplace can be effectively run from the ground up.

There are plenty but all end up playing by the rules at some point to stay afloat.


Look up the Mondragon Company.

[ʇsıɥɔɹɐuɐ ıɯɐbıɹo]

Look up the Mondragon Company.

I applied to work there once and I'm so sad I didn't get in. It was because I wasn't a vegetarian/had no work xp in the Kitchen. BUT DAMN'T LOOKED LIKE A GREAT PLACE TO WORK!

[RadioRaheem84]

Mondragon is in Canada too?