You are joking, but that's not untypical for worker owned businesses.
There are studies about coops that show that workers are more engaged in the business and will decide to suffer temporary wage cuts in hard times (opposed to layoffs) in order to maintain the business long term.
Two friends of mine actually have worked in the same restaurant coop at different times. The pay was fair, the conditions were good, the people were great and they had a high degree of agency. As you can imagine, they had high standards in terms of where they buy, what they produce and so on. Preferably local, fair etc. It's also a restaurant that exists since a long time.
The negatives that both reported were:
- Long meetings each month, there was no hierarchical structure. When the better argument wins (and not from who it is) then you need time to discuss things.
- Criticizing or firing people is emotionally taxing.
There was _never_ a complaint of shared responsibility in financial terms. That's a given. That's what you sign up for.