this post was submitted on 29 May 2024
120 points (85.3% liked)

Memes

45648 readers
1454 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 5 points 5 months ago

Owning the means of production can also be seen as owning the business collectively. So in a service model business, like say a restaurant, instead of the owner taking in profits and paying the workers less money, all the workers split those profits evenly.