But at least we only spent a trillion dollars on it, right?
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Yes, #Exit2Community / #e2c should definitely be pushed for. I'd love it if we could ever reach the point where it's the actual workers that get to decide, too -- as in, "We took a vote, and you are selling your company in its entirety to us at a fair market price now, to become a cooperative."
@hosford42 @jenniferplusplus @Alsy @Doomed_Daniel @ireneista I don't know of any provision in existing law that would allow workers to force this. Possession is nine tenths of the law. On the other hands, thousands of businesses are sold each year, and thousands more simply close down. Many could pass seamlessly into the hands of their workers.
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@Alsy @hosford42 @Doomed_Daniel @jenniferplusplus @ireneista You can start by joining a local co-op, or maybe start a new one.
@Steve @hosford42 @Doomed_Daniel @jenniferplusplus @ireneista Thank you - this is a great, immediately actionable idea.
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@jenniferplusplus @hosford42 @Alsy @Doomed_Daniel @ireneista Incorporation laws vary by state. Some are very friendly to co-ops (Wisconsin, Colorado, Illinois, and a couple more), and most are not. However, you can incorporate in a state you don't live or work in. It's pretty rare, but it can happen.
It's actually super common for C corps, I think. They call them "Delaware corps" because that seems to be the place everyone registers in. I'm guessing there's a lot less of a common standard for cooperatives, though.
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What's a capital strike? That tends to be the question I get in response to this rant.
You know what a labor strike is, right? It's wielding labor as power, by witholding it, as a bargaining tactic.
A capital strike is the same thing, except with capital.
@jenniferplusplus what are you saying is the motivation or purpose for the capital strike?
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@hosford42 @jenniferplusplus @Alsy @Doomed_Daniel @ireneista I don't know of any provision in existing law that would allow workers to force this. Possession is nine tenths of the law. On the other hands, thousands of businesses are sold each year, and thousands more simply close down. Many could pass seamlessly into the hands of their workers.
Yeah, it's not a thing, to my knowledge. That's just me dreaming.
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It's actually super common for C corps, I think. They call them "Delaware corps" because that seems to be the place everyone registers in. I'm guessing there's a lot less of a common standard for cooperatives, though.
@hosford42 @jenniferplusplus @Alsy @Doomed_Daniel @ireneista Exactly. I think @ntnsndr once said he wanted Colorado to be the Delaware of co-ops.
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Yeah, it's not a thing, to my knowledge. That's just me dreaming.
@hosford42 @jenniferplusplus @Alsy @Doomed_Daniel @ireneista The closest thing would be a right of first refusal, where if a business owner planned to sell, they would be required by law to offer it to their workers before anyone else. At fair-market value, to be sure, but that's all anyone has ever expected.
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@hosford42 @jenniferplusplus @Alsy @Doomed_Daniel @ireneista Exactly. I think @ntnsndr once said he wanted Colorado to be the Delaware of co-ops.
Actually now that is a registered trademark of Jason Wiener's firm:)
Colorado really does have some important advantages, including flexible statutes and experienced lawyers.
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@jenniferplusplus equating "capitalism" with "trade" has been one of the biggest coups of discourse - you get people sincerely believing "well without capitalism would we just barter???" and now we must start everything by explaining that no, money was invented in 3000 BC, in fact Jesus was overturning moneylender tables 1500 years before the Dutch East India Company, etc
@greg @jenniferplusplus It's also equating capitalism with ‘freedom’ and ‘democracy’. Capitalism existed before the US representative democracy. Up until the twentieth century it was closer to and existed alongside Feudalism, hardly free or democratic. The one thing the leaders of any country on earth will not tolerate is a truly national or global labor union. The Solidarity Union in Poland is an extrodinary example of one that had success.
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@jenniferplusplus capitalism is always a denial-of-service attack on human potential; it’s not always this direct
@ShadSterling @jenniferplusplus
This so much. I miss the things in the world, in my life, that never were, but ought to be.
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