> then why wouldn't the capitalist go with the more effective approach?
"Making money for me" and "making money for everyone" are not the same thing.
For example, if your business has 1MM in profits, and you own half, then you get 500k. If you ran that as a cooperative, you made 2MM in profits the next year, but you own 10%, you made $200k. Worse for you, better for everyone else and the group overall.
"Making money for me" and "making money for everyone" are not the same thing.
For example, if your business has 1MM in profits, and you own half, then you get 500k. If you ran that as a cooperative, you made 2MM in profits the next year, but you own 10%, you made $200k. Worse for you, better for everyone else and the group overall.