So tell me just, in what way does nationalizing industries to a worker-owned cooperative help the working man less than your proposal?
In my opinion, worker-owned cooperatives in the industry finally give the workers a real voice. Then, there would be no need anymore for unions or strikes, as the workers (here are of course also included managers) get to decide what the business does or does not. Usually, workers know what the business needs. There will of course still be managment positions, but now the managers would be chosen by the workers, and not by the guy whose great-grandfather had the luck to be a descendant of some "noble" (Europe) or of some rich English dude ('Murica).
2. What if the workers decide to use their monopoly to massively jack up prices?
1. I'd say not every single one at the same time. We could try it with some industries, and if its working well, then expand it; if not, let it be.
2. There won't be a monopoly - there will still be competition between different factories in one industry. Not every workplace in one industry will be owned by all workers in the total industry, but just by the workers of that workplace. (That's at least how I want it to be)
So - If you have other questions for me, post them here or PM me, I'm off to bed and will answer them tomorrow
