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Jonathan D. Cope, Esq.

@jlou @waldenecovillage @zak The alternative I propose is Labor Capitalism, i.e., property is owned by a shareholderless corporation and ALL of the net profits are used to augment employees wages and social security.

7 comments
J Lou

@Cirdan @waldenecovillage @zak In this alternative, who has control rights over the corporation that is the firm that workers work in?

Jonathan D. Cope, Esq.

@jlou @waldenecovillage @zak It's a nonprofit corporation that has no members, only employees. No dividends or property distribution. Corporation is self governing.

J Lou

@zak The responsibility for this direction should be assigned to @waldenecovillage haha

Jonathan D. Cope, Esq.

@jlou @waldenecovillage @zak Because coops by their very nature vest property ownership in individuals which is at the heart of property accumulation in capitalism.

Jonathan D. Cope, Esq.

@jlou @waldenecovillage @zak Don't know if I answered this earlier but the corporation uses a special hierarchy where managers at each level are strip of hiring/firing, compensation and property use authority. Those powers are reserved by a committee of workers who are guided by experts, not in house management.

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