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Employer owned corporation

There are employer owned firms, but they have to compete with private owned firms and corporations that outsource production to some third world country where work is cheap. Why can t employer owned firms use cheap labor in third world too? So employer owned firm in the west can form employer formed daughter firm in India, China, Vietnam, in some African country etc. This daughter firm can have normal parent firm / daughter firm connection so then it is employer owned corporation with part in west and part in third world, zaibatsu style, or those two firms have looser connection, keiretsu style style. Capital for founding daughter firm is either provided by parent firm (and employers of daughter firm must pay that founding capital back using their work and profit generated so that firm becomes employer owned too) or they source capital from financial institutions and then pay it back with profit they make with their work.
Cooperative bank, employee owned company, and subsidiary firm in some third world country, can form zaibatsu or keiretsu style connection, cooperative bank provides capital and investments to form subsidiary firm of employee owned company in some third world country, Brazil, India, China, African country etc.
Employee owned firms have difficulties in competing with regular firms, because those can use cheap labour from abroad. Instead profits of that cheap labour going to abroad from that third world subsidiary, if firm is employee owned profit comes for benefit of workers, not some giant corporation in the west. So employer owned multinational corporation have great benefits for employers.
Clothing manufacturing etc. can benefit using employee owned firms.

If some employee owned company and cooperative bank in the west form alliance and then make subsidiary firm in some third world country, that would be multinational employee owned zaibatsu or keiretsu. Subsidiary company must also be employee owned, so that legal status of employee owned company/corporation can be maintained. Usually third world sweatshops make profit for their (usually one person) owner and then for some rich firm in the west, and employees are exploited. If that sweat shop is employee owned, profit distributes democratic way and brings wealth to sweat shop workers, not to its owner and rich firm in the west.
Employee owned company in the west can manufacture now cheap mass produced goods that it had before not opportunity to do because wages in the west are high. Both employee owned firms, in the western country and in third world country benefit for this kind of arrangement.
Most employee owned firms seems to be in grocery store / food retail business, at least in USA. If food production of employee owned firm expands to food production, employee owned food store / food retail can have its own food production in some third word country or countries, using employee owned subsidiary. Capital for this can be provided by co-op bank or parent firm in the west provides founding capital of food production or money comes from other financial institutions.
Also other products like clothes can be made because most clothes nowdays are made in some third world sweatshop, and then hardware products. Third world subsidiary or keiretsu partner can made second class versions of products that parent firm normally does and sell then them cheaply, or some cheap products that western parent firm does not manufacture.

Employee owned company can form subsidiary in some third world country and then make cheap products, or if employee owned company is in food business / grocery store, it can use its own bananas, apples and oranges imported from abroad from its subsidiary firm, use them for canned juice products and canned fruit mixtures etc.
There are lots of cooperatives that are in food production business, in latin America, Africa etc. Employee owned food retail firm / grocery store can support those coop products if it sells those food products in its shop. Those food producing coops and employee owned food retail chain in the west can also form keiretsu - style association. But also hardware firms, Moog Music and Taylor guitars are employee owned, so they also could make cheap products (new old analog synth chips are back in production) to make for example mass manufactured and mass marketed cheap synths or cheap mass manufactured and mass marketed guitars, made in some third world country subsidiary firm that is part of parent firm or in keiretsu style connection with it. This subsidiary is also employee owned, so “multinational corporation” stays employee owned. Manhassen Specialty and some music instrument shops are also employee owned, so if employee owned music instrument shops sell products that are made by employee owned firms, they can support the principle of employee owned company.