This is absolutely true. But goes to show it isn't the individuals, the judgement based on actions taken.
Oh thank you for the context. I was out of the loop so I was confused. Thank you for the explanation.
I don't get it. Can someone explain this to me?
The Canada Lands Company is a Crown Corporation: https://www.clc-sic.ca/about
I was concerned about it when I heard they own the CN Tower. But I looked it up I foubd out it is a Crown Corporation.
I get that. But I actually do save the difference.
Plus I'm planing on going with a housing cooperative eventually anyway. I think focusing on building "real estate portfolios" is what got us into this housing crisis mess in the first place. Treating housing like infrastructure, like what housing coops do, removes that incentive and allows us to direct capital to actual productive sectors of the economy through investing into actual business producing companies.
Can you try to repost the comment again. Would like to know the details. Was told renting is better than ownership, based on interest payments + taxes + maintenance vs renting and house appreciation vs investing.
China has the CCP not the PPC
TBH in this case, it fits very well
How did the big business become a big business?
I have literally seen a small business expand beyond my city and become regional over a couple decades. And probably will try to be national chains.
From a capitalist perspective. What's bad about monopolization? For big businesses to be big business they need to have success. Why do you want to break success? Why do you want to pick winners and losers?
I don't believe in any of that. I prefer distributed ownership and benefits.
If the consumers own their own stores through a consumer cooperative than they can set the prices for themselves. And hence don't need "competition". And since the shareholders would be the members (i.e. the consumers), in a consumer cooperative, then that means they'll benefit. No need to have any billionaire tyrant either local nor from a big box store.
I almost completely agree with your first and last points. I was trying to say if they provide the same product at the same quality and price try to prefer the co-operative. I say similar because, personally I'd give some leeway to the co-op. But there are limits and co-ops are businesses and if they give sub par products and services than we shouldn't buy from them.
The power is held by the owners. If it's a consumer co-operative it is controlled by the consumer and a worker cooperative is owned by the workers. So the end users of products or the ones who have jobs. It depends on how it's structured.
I somewhat agree with your last point. The big thing is ownership is wealth and control. If you control your store you get to chose the available options if someone else owns it it means someone else has control. So I'd rather I have control over it. Again with the previous thing. If someone else can do it sooo much better than I than I should someone's product.
But we have to be careful because you can lead to the problem with data and big tech. I use an alternative to Google Cloud that is a cooperative but I have to pay. But with Google I don't pay but loose my privacy. In that instance you have to determine what's more important, given what I need it for is comparable to what I need what is important and I chose ownership and privacy over having neither of those.
I agree. At the end of the day it's a business. But if two companies offer similar products go with the employee owned company.
The main thing about is decision making structure. Because employee or community owned stores are owned by the users. It means the end users have power over what is offered. As opposed to big box in which case it is non local non user shareholders.
I think they meant fee (without the 'r') wifi