We need banks that specifically are meant to allow the workers of a company to buy their company and turn it into a collective. Not that the workers can sell the shares but they own it in the sense that they can democratically determine how profits are spend and what managers are hired / elected. Just a loan which just requires printing a little more money which we do all the time.
That would solve so many inefficiencies and amoralities in the current economy.
We need banks that specifically are meant to allow the workers of a company to buy their company and turn it into a collective. Not that the workers can sell the shares but they own it in the sense that they can democratically determine how profits are spend and what managers are hired / elected. Just a loan which just requires printing a little more money which we do all the time.
That would solve so many inefficiencies and amoralities in the current economy.