Remix.run Logo
YetAnotherNick 5 hours ago

Co-operative will have significantly worse privacy guarantee compared to shareholder based model. In the no one company wants to sacrifice on privacy standard just for the sake of it. They do it for money. And in shareholder based model, the employees are more likely to go against the shareholder when user privacy is involved, because they are not directly benefiting from it.

jacquesm 5 hours ago | parent [-]

That's nonsense. Shareholders have an incentive to violate privacy much stronger than any one employee: they can sell their shares to the highest bidder and walk away with 'clean hands' (or so they'll argue) whereas co-op partners violating your privacy would have to do so on their own title with immediate liability for their person.

YetAnotherNick 5 hours ago | parent [-]

> Shareholders have an incentive to violate privacy much stronger than any one employee

Exactly what I said. We need lower shareholder interference not more, and in co-operative it's the opposite.

> with immediate liability for their person.

What do you mean?

jacquesm 5 hours ago | parent | next [-]

A cooperative does not have shareholders in your sense of the word.

komali2 4 hours ago | parent | prev [-]

The only shareholders in a co-op are the owners/operators ("employees"), or the owners/operators + customers (for example REI I believe). There's nobody seeking to extract value at the expense of the employees or the customers.

If, as a shareholder operator, a co-op member pressured themselves to exploit user data to turn a quick buck, I guess that's possible, but likely they'd be vetoed by other members who would get sucked into the shitstorm.

In my experience, co-op members and customers are more value-oriented than profit-motivated, within reason.