The difference to regular businesses is that management as a class doesn’t require higher compensation. Similarly, the owners of the cooperative don’t want to be compensated when they don’t want to be part of the capitalist class.
This, together with the members being motivated workers, gives cooperatives room to compete with regular businesses.
I understand how cooperatives work, the point you continue to ignore is that none of what you say is seen working in practice despite over a century of people trying to compete with traditional business model under capitalism. Cooperative organization would work perfectly fine after the capitalist system is overthrown however.
The difference to regular businesses is that management as a class doesn’t require higher compensation. Similarly, the owners of the cooperative don’t want to be compensated when they don’t want to be part of the capitalist class.
This, together with the members being motivated workers, gives cooperatives room to compete with regular businesses.
I understand how cooperatives work, the point you continue to ignore is that none of what you say is seen working in practice despite over a century of people trying to compete with traditional business model under capitalism. Cooperative organization would work perfectly fine after the capitalist system is overthrown however.