Production and Costs

In her article, "Co-op Economics", Nancy Folbre proposes a dramatically different power structure at the level of the individual firm, with workers democratically controlling the enterprises where they work.

a.)Why do she and other contributors think that this alternative structure could be desirable for workers and for society by comparing cooperative firms and capitalist firms.b.)If it is so desirable, give reasons cited from the readings and videos why it is not more common? Video and article sources include:video: "Workers to Owners: The Story of A Child's Place"; video: "Noam Chomsky - Worker-Owned Enterprises"; "Why the U.S. Needs More Worker-Owned Companies". When citing reasons give author and location of the idea by putting the name of the author and location of the idea in parentheses. For example, (Chomsky, 2 min., 15sec) or (Folbre, paragraph 3).c.)If the worker-owners of a co-operative firm work hard building their co-op and end up earning zero economic profit for the year, would this be considered a failed co-operative business to an economist? Why or why not?

https://youtu.be/4kFLOoA5l4s

https://youtu.be/8fm9FjDV0iA

https://youtu.be/bBQVaRnHqLs

https://youtu.be/mW6Cwpfb5CI

https://youtu.be/vh7SjS-t1wA

https://youtu.be/4bJs6bKjPPA

https://youtu.be/06j_zPdPWOY https://docs.google.com/document/d/16ILHIf3zsRqPrk7S19RCtq375_YzqUYx6syjkVuBPaY/edit?usp=sharing https://youtu.be/21rbYgESDP4

https://youtu.be/joiFRVqy00Y

https://orionmagazine.org/article/the-cooperative-economy/