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Please let me know any suggestions and critiques you may have.
A policy idea that could be added as an alternative to minimum wage is a productivity based wage law where instead of being paid per hour workers will be paid passed on how much they produce.
As for situations you could have issues where traditional companies and massive corporations attempt to sabotage coops. You could also make it cost more political power to pass cooperative policies if the existing economy is very competitive with a lot of powerful big businesses.