Cooperatives redirected surplus from capital owners to the workers themselves

Evidence

Human collective actions, for instance, collective hunting or collective breeding, can be seen as ventures in which partners invest some of their resources (goods and services) to obtain new resources (e.g., food, shelter, protection) that are more valuable to them than the ones they have initially invested. Partners, in other words, offer their contribution in exchange for a share of the benefits. For this, partners need to assess the value of each contribution, and to proportionate the share of the benefits to this value. — Nicolas Baumard, A mutualistic approach to morality, 92 (#contradicts, via linked claim)

The primary goals of the Red Biennium were to abolish the exploitative wage relationship in favor of horizontal participation in production and to abolish production for profit in favor of production for need. — Clara E. Mattei, Escape from Capitalism, 186 (#expands, via linked claim)

Categorization

• XREF: connects to: Profit comes from surplus value workers generate — Clara E. Mattei, Escape from Capitalism, 103; Financial income reallocates resources away from workers and strengthens owner bargaining power; Workers’ self-governance sought to abolish the wage relationship and production for profit — Clara E. Mattei, Escape from Capitalism: An Intervention, 186 (+6 more)

Related

• Workers’ cooperatives redistributed surplus toward reserve funds, insurance, and labor (similarity 0.84)
• Cooperatives defined profit as benefiting workers, not invested capital (similarity 0.83)
• The Italian red biennium saw an explosion of worker-owned cooperatives (similarity 0.81)
• Workers’ self-governance sought to abolish the wage relationship and production for profit (similarity 0.81)
• Workers pursued a use-value economy through state-aided cooperatives alongside capitalism (similarity 0.80)
• Italian worker cooperatives explicitly framed self-management as a path to communism (similarity 0.79)

Broader Connections

• Workers’ self-governance sought to abolish the wage relationship and production for profit #expands (0.80) — Clara E. Mattei, Escape from Capitalism, 186
• Cooperative ventures are exchanges proportional to each partner’s contribution. #contradicts (0.80) — Nicolas Baumard, A mutualistic approach to morality, 92
• Financial income reallocates resources away from workers and strengthens owner bargaining power #contradicts (0.70)
• Italian worker cooperatives explicitly framed self-management as a path to communism #exemplifies (0.70) — Clara E. Mattei, The Capital Order, 423