What's the difference between joint-stock system and joint-stock cooperative system?

On the basis of cooperative system, joint-stock cooperative system absorbs some practices of joint-stock system and combines workers' trade unions with capital trade unions.

Share-holding system, also known as "share economy", refers to an economic organization form in which scattered factors of production belonging to different people are centralized, used uniformly, managed rationally, self-financed, and paid dividends by shares. It is also a form of enterprise property ownership.

2. Different characteristics

The basic feature of the joint-stock system is the separation of ownership and use right of production factors, and the scattered use right is transformed into centralized use right on the premise of keeping the ownership unchanged.

The capital of joint-stock cooperative system is mainly composed of shares, and employees and shareholders work together to realize distribution according to capital, distribution according to work, rights and interests sharing, risk sharing, self-financing and independent accounting. All employee shareholders are responsible for the enterprise to the extent of their shares, and the enterprise is responsible for all its assets.

3. Different types of enterprises

Joint-stock system: Any enterprise can implement joint-stock system reform.

Joint-stock cooperative system: not suitable for large and medium-sized enterprises to implement the reform of joint-stock cooperative system, but more suitable for small enterprises. Some people mistakenly believe that the joint-stock cooperative system will eventually withdraw from the historical stage, which is absolutely wrong; With the development of society, whether it is a capitalist society in the west or a socialist society in China, as long as the joint-stock cooperative system is the same as other ownership economies, it will continue to develop and have a good development prospect. The joint-stock cooperative system does not need to transition to the joint-stock system, nor will it evolve into an individual and private economy.

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