Why Don't Tech Workers Form Worker-Owned Companies?

Nutella: Not only is there a class war, but it’s mostly jealous elites, “captains of industry” etc who get jealous when workers who build their companies start making “too much”. Nowhere is this more true than in IT where many workers are way smarter than bosses and execs. So bosses start to feel inferior that a worker is better or smarter or demands high pay for hard work, then the elites go into “slap down” mode and have to bring workers down.
Nowhere was this more visible than in the 90s when even greedy bankers got jealous of American tech workers. Of course almost no tech workers make $450K so we are all LOWER class according to them. Which is just what they want.
Gotta keep the slaves and ants in line, so they can make their billions off the backs of the people. In fact Apple now makes $1 million profit per year per worker.
http://www.rense.com/general75/skilled.htm

Tech workers don’t like to call themselves working class, but face it, tech workers are workers! Highly paid workers, but they are still workers. Most are not even self-employed. They are generally selling their labor time to some capitalist like any other worker.
What I think would be really cool would be tech companies that were owned by the workers. No bosses! Actually that’s not even capitalism, but it still works on the profit motive. It’s run as a worker collective and the workers run it to make a profit. They then divide the profits up among the workers and decide how much to sink back into the enterprise, etc. It works great! It’s not capitalism because there’s no exploitation. No exploitation, no capitalism. You can have a profit motive without capitalism.
And a worker run tech company would hardly be interested in hiring the cheapest possible workers or outsourcing jobs because there’s really no benefit to them in doing that. They would have to fire some of their own workers to replace them with overseas workers, and most collectives may not wish to do that. Of course there may need to be layoffs and some worker owned businesses will go out of business, and in that case you are all out of job. But hey, that’s life under the profit motive and a competitive market, right?
This is not a capitalist mode of development. It’s called the Cooperative Mode of Development and it is considered to be a non-capitalist or some would say a socialist mode of development.
I would be interested in what comrade Nutella and his fellow tech workers think about tech workers owning their own businesses.
PS We are socialists but we believe in a market. We are what’s called Market Socialists. It works great!

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2 thoughts on “Why Don't Tech Workers Form Worker-Owned Companies?”

  1. The quality of workers is very important. Like I have some websites and the value of people who know the niche is priceless.

  2. I hate to say it, but the reason companies are successful is because those at the top constantly terrorize underlings with the prospect of being fired, combined with the fact that it’s common for the lower performing 15% or so to be weeded out within a year. Worker owned companies can’t compete in the market with that.

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