What do you hope comes after it ?
Socialist phase where means of production are owned by the workers, and then communism.
You can have cooperatives right now.
The problem there is getting the initial seed funding. Investors put money into companies because they want to have control over the company, and they can’t do that with a cooperative. There is a systemic bias towards capitalist company structure because of that.
Investors want to make money above all. You can issue bonds with favorable interest rates as long as you have a solid business.
The reality clearly demonstrates that investors don’t bother investing in coops. You’ve obviously never actually tried to get investors to invest in a coop.
No I haven’t.
But I expect that the search for people who want to participate in an expanding cooperative is the bigger problem.
Do you know of a cooperative that wants to issue bonds?
I recommend learning a bit about the subject before arguing about it. Cooperatives don’t issue bonds because nobody is going to buy these bonds.
