why pretend to have found a contradiction when a stronger reading of the comment is clearly that it meant to highlight the distinction between the creation of that value and its consolidation primarily into an individual's personal wealth?
Yes, I’m all for co-op structures, but there is a big difference between “created no value” and “created lots of value but kept the majority of profits for themselves.”
If they’ve created 1000 jobs; is that value? Surely to those 1000 employed people, it is.