If there’s one positive thing to it, it’s how worker cooperatives were formed in most cases.
Business goes bust or big bosses decide specific location doesn’t bring enough value for shareholders - workers chip in and buy facility out. At least how it worked in, for example, Argentina.
I kinda feel Argentina is a bit different to Europe in that their economy was in a very bad shape, in Europe I would expect some Chinese enterprise buying the factory, leaving workers with pretty much nothing
Economy crash speedrun let’s goooo!
Let’s not. It’s pretty much never been good, historically speaking.
The AI Bros won’t care, and they will never learn, repeat those economy crisis. So just pop it before it affects everyone everywhere.
If there’s one positive thing to it, it’s how worker cooperatives were formed in most cases.
Business goes bust or big bosses decide specific location doesn’t bring enough value for shareholders - workers chip in and buy facility out. At least how it worked in, for example, Argentina.
I kinda feel Argentina is a bit different to Europe in that their economy was in a very bad shape, in Europe I would expect some Chinese enterprise buying the factory, leaving workers with pretty much nothing
But what about our glorious revolution?
Which one? The only revolution currently showing widespread successes is the one from the far right.
I wouldn’t call that either “our” nor “glorious”.