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Worker Cooperatives Proposed By Some Marxists And Quran 43:32
Assalamualaikum!
Worker owned Cooperatives are a kind of business model that ensure democratically run enterprises/ workplaces.
Research has shown that this model is more resilient to deal with economic downturns and workers have more control over what they produce under the principle of “one person-one vote”.
And:
https://youtu.be/a1WUKahMm1s?si=bxeOFaEVuY3ssSrZ
Mondragon coops in Italy are a famous and successful example. There are many others too (but keep in mind that many face huge resistance from government side). Coop workers enjoy higher salaries, worker rights, and benefits as compared to those in capitalist enterprises where exploitation by employers is rampant.
Many economists especially a faction of Marxists propose to build economies based on cooperatives.
My question is:
Is it Haram to build such an economy, as per the Surah Zukhruf verse 32?
Az-Zukhruf – الزُّخْرُف https://www.javedahmedghamidi.org/#!/quran?chapter=43¶graph=10&type=Ghamidi
thenation.com
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