Worker coops are certainly less exploitative than standard businesses, but compared to public ownership and coordination retains a lot of the limits of market-based systems. I think cooperatives can serve as a good section of a growing and developing economy, but in all likelihood will need to be phased out as competition dies out and public planning becomes more efficient.
I think profits are fine, as long as every company is strictly a worker owned co-op.
Worker coops are certainly less exploitative than standard businesses, but compared to public ownership and coordination retains a lot of the limits of market-based systems. I think cooperatives can serve as a good section of a growing and developing economy, but in all likelihood will need to be phased out as competition dies out and public planning becomes more efficient.