Unpopular take: co-ops will not be able to behave in sociopathic ways shareholder value driven corporations can and will be outcompeted because of that. The fact this arrangement is not sustainable in the long term doesn’t prevent corporations from being successful in the short run.
What exactly is the long term? 3M is 120 years old. Ford motor almost as long. DuPont was founded in the 1800s. Proctor and Gamble was founded in 1837.
All are still profitable today and in relatively good health.
Unpopular take: co-ops will not be able to behave in sociopathic ways shareholder value driven corporations can and will be outcompeted because of that. The fact this arrangement is not sustainable in the long term doesn’t prevent corporations from being successful in the short run.