alt Hacker NewsMaybe I'm too busy counting my dividend cheques from the co-ops I share ownership in, but I just don't see this prevailing wisdom of which you speak.
I mean, I do see it online so I know what you're talking about, but I mean coming from humans. Which is why I ask if it is a product of big city isolation?
Oh I don’t necessarily mean that co-ops are competitive at all with traditional ownership structures at all. Part of that is likely due to taxes and general financial forces (co-ops tend to need to be low-debt, privately held, etc.) and part of that is related to them being rare and largely concentrated in hyper liberal cities like Portland or SF or Seattle.
I just mean that they technically operate in markets but are not synonymous with the traditional notions of Marxian capitalism.