There is a village. In the village, there is a factory that is ran by its workers collectively. In this factory, one of the workers says
“I now own all the machines- if they are damaged, I will lay for them to be repaired, I will pay for them to be maintained, but I now own them. I will give you jobs and you now have to accept this fixed wage an hour, or I will sack you and you will die due to lack of money. I now can live solely off what I make from selling what you produce.”
How does this story end? I could lie and say I knew, but I do not. It is up to you to decide how this story ends, you are the masters of your own fate.