Gary Martinez2 said:Just a quick question here.
Why does the capitalist class seem so threatened by worker cooperatives acting as competitors, yet they don't have any real issue with competition coming from other private corporations?
Well, why don't you try running things with some workers? Nobody is stopping you.
Actually, it’s quite the opposite—back when worker self-management held a monopoly on the economic order, private entrepreneurship was strictly forbidden. In a capitalist system, there's no ban on worker management. In the USA, you actually have several small to mid-sized companies successfully operating on cooperative principles. They decide on business direction through voting, elect their own supervisors for set terms, and things like that.
Under capitalism, worker self-management is just one way to run a company, and anyone can choose to do it. However, under socialism, entrepreneurship is prohibited. Your question assumes there are inherent restrictions on how a business is managed within capitalism, but those kinds of restrictions were mostly a feature of our old system of worker self-management.
So, really, the real question is why socialists and worker-managed systems find capitalists and entrepreneurs such a threat that they outlaw them, whereas capitalists don't mind self-management enough to ban it...