Huawei is a worker owned corporation and not a cooperative. Worker cooperatives operate on a strict “one-member, one-vote” democratic basis with profits shared by labor. Worker-owned corporations may be owned by employees but often distribute voting power and profits based on capital investment (shares) rather than democratic equity. The important distinction here is the democracy in the workplace where workers are directly in charge of their labor decisions and own the means of production.
I see more what you mean, from what I’ve seen those specific requirements are just a feature of some cooperatives, not definitional to them, but for the sake of the point I know what you mean better now. I don’t think cooperatives are an essential prerequisite for socialism, and can be a part of socialism like agricultural cooperatives in the PRC, or Venezuela’s communes, but aren’t strictly necessary for socialism.
Huawei is a worker owned corporation and not a cooperative. Worker cooperatives operate on a strict “one-member, one-vote” democratic basis with profits shared by labor. Worker-owned corporations may be owned by employees but often distribute voting power and profits based on capital investment (shares) rather than democratic equity. The important distinction here is the democracy in the workplace where workers are directly in charge of their labor decisions and own the means of production.
I see more what you mean, from what I’ve seen those specific requirements are just a feature of some cooperatives, not definitional to them, but for the sake of the point I know what you mean better now. I don’t think cooperatives are an essential prerequisite for socialism, and can be a part of socialism like agricultural cooperatives in the PRC, or Venezuela’s communes, but aren’t strictly necessary for socialism.