this post was submitted on 23 Oct 2025
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Personally when I say I want to ditch capitalism, the first thing I think of, among many, is simply about democratizing the workplace. Cooperatives have proven themselves to be superior than the current private model in a variety of metrics. If we reduce the defining characteristic of capitalism as needing capital to produce more capital, the current issue is that cooperative enterprises struggle to obtain the initial capital necessary to get started. Even though they have much greater success rates, banks have historically refused to give loans to these endeavers. There exists non profits to try and fill this void but its not enough.