They get outcompeted because worker-owned companies aren't allowed to be leeches. You can't have your workers own negative shares.
But, many companies (especially those really competitive ones!) just... don't make money. It's easy to be a big disrupter like Uber when you make -500 million dollars a year for 15 years. Naturally that wouldn't when you aren't on capital welfare.
But, many companies (especially those really competitive ones!) just... don't make money. It's easy to be a big disrupter like Uber when you make -500 million dollars a year for 15 years. Naturally that wouldn't when you aren't on capital welfare.