Deirdre McCloskey refers to it as the Great Enrichment:
> The rise in the liberal nations has been a stunning 3,000 percent at the least—or if one allows properly for improvements in quality, such as better medicine and better housing (and for that matter, better economics), more like 10,000 percent. A factor of 100. Goodness.
Okay. I was being too coy. Let me try again.
Co-ops are capitalists and distribute all the surplus to the workers.
https://en.wikipedia.org/wiki/Worker_cooperative
So not hypothetical.
Importance of co-ops in market economies will continue to grow. Very exciting.
Well, ya, co-ops are technically corporations. But they're generally not corporatists. (For the purposes of a comment thread.)
Just like Karl Marx wasn't a Marxist, a la No True Scotsman fallacy, we all agree that there's a lot of daylight between Sam Walton's profit sharing model and the epitome of corporatism that Walmart became.
Hypothetically. Of course.