since you have a part of the profits

I don't think those companies do too well

coops can exist alongside capitalist enterprises, but they aren't capitalist since there is no employee/employer relationship

Group up with 50 workers and make a pact that each one will save a part of its own income to build a cooperative business. Boom, coops inside capitalism

Exactly

Just let the workers do whatever they want with their money

coops do well

the numbers are in their favor iirc

It depends of the coop

Any examples in which countries these companies are very active in?

I remember of a cooperative café which was bankrupt because workers were extremely lazy

northern spain is the goto example

Santander is unironically there

there is a huge coop

but coops have some problems, fx banks aren't very willing to give loans

fx?

Why not? If they're profitable

cant answer, probably something with "who's gonna be responsible"

You could assumingly point to other succesful coop companies right

since there's no owner

whats a fx bank

You can be responsible together

yeah but most companies are small

yeah but I guess banks dont like that

That's the entire idea right, profit together fail together

```whats a fx bank```

I assume they would, more chance to get tour money back than if one guy fails and declared bankrupcy

@ClibtardMario for example, banks

@Timo))) there's probabbly some legality issues with having many people responsible

probably?

Well, then I follow the opinion of the capitalist comrade over here: if it gives profits, why deny loans?

how so?

yes I'm not a bank

Heck, they can actually go to a social credit union instead

I'm neither a lawyer

There are lots out there

Then you can't really make that argument since it seems it wouldn't be an issue

you're right, I don't see why it would be a problem but apparently it is

I'm no bank as I said

I think the issue is that those companies simply don't succeed like the regular companies do

Then it's not a problem