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gene (OP)
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December 15, 2011, 05:52:12 PM |
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http://www.nytimes.com/2011/12/15/opinion/worker-owners-of-america-unite.html?_r=1&hp=&pagewanted=printSome 130 million Americans, for example, now participate in the ownership of co-op businesses and credit unions. More than 13 million Americans have become worker-owners of more than 11,000 employee-owned companies, six million more than belong to private-sector unions.
And worker-owned companies make a difference. In Cleveland, for instance, an integrated group of worker-owned companies, supported in part by the purchasing power of large hospitals and universities, has taken the lead in local solar-panel installation, “green” institutional laundry services and a commercial hydroponic greenhouse capable of producing more than three million heads of lettuce a year.
Local and state governments are likewise changing the nature of American capitalism. Almost half the states manage venture capital efforts, taking partial ownership in new businesses. Calpers, California’s public pension authority, helps finance local development projects; in Alaska, state oil revenues provide each resident with dividends from public investment strategies as a matter of right; in Alabama, public pension investing has long focused on state economic development.
Bitcoin or similar system will definitely be a part of the future economy. It can play a supporting role in worker-owned and operated industry.
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bb113
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December 15, 2011, 06:49:32 PM |
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I've never understood why co-ops aren't more successful.
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JohnOliver
Newbie
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Merit: 0
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December 16, 2011, 03:18:09 AM |
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There's also the interesting case of USAA, where every customer is essentially a shareholder. The profits are either retained for future growth or returned to the customers.
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steelhouse
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December 18, 2011, 10:34:47 PM |
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What is wrong with the public owned corporation? "I create everything, I own" was the big snafu Oliver Stone made in his movie. When I go to a store and find it is employee owned, I really stay away from the place. If they don't offer you a job, and they don't offer stock, why would anyone shop in the place? Some of these employee owned companies do offer stocks, but only to workers of the company. Publix supermarkets offers this.
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qbg
Member
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Merit: 10
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December 18, 2011, 11:00:29 PM |
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When I go to a store and find it is employee owned, I really stay away from the place. If they don't offer you a job, and they don't offer stock, why would anyone shop in the place?
Because you want to buy something? |
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Raoul Duke
aka psy
Legendary
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Activity: 1358
Merit: 1002
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December 18, 2011, 11:07:47 PM |
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When I go to a store and find it is employee owned, I really stay away from the place. If they don't offer you a job, and they don't offer stock, why would anyone shop in the place?
God forbid you make hard working persons earn money... Why don't you just put all your money in an envelope and send it to the pigs in wall street? |
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bb113
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December 18, 2011, 11:37:40 PM |
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When I go to a store and find it is employee owned, I really stay away from the place. If they don't offer you a job, and they don't offer stock, why would anyone shop in the place?
Because you want to buy something? Haha, Seriously? Steelhouse must not shop for himself or something. |
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