for - SRG Corporation2CO-OPeration program - worker-owned cooperatives - Apis & Heritage - inequality reduction - via worker-owned cooperatives

summary - Apis & Heritage is a unique US private equity firm that has established an investment fund called "The Legacy Fund" which is used to facilitate Employee-Led BuyOut (ELBO). Studies show the enormous potential for reducing inequality and it is an issue that receives rare bipartisan political support in the US. The "Silver Tsunami" describes 3 million small business owners likely to retire in 2035. Together, their businesses account for $10 trillion in assets. Apis & Heritage helps faciliate a smooth transition for owners to sell to their employees, increasing their net worth by as much as 10x by the time they retire.

.> for - quote - worker-owned cooperatives - Michael Brownrigg

for - worker-owned cooperatives - rare bipartisan support

for - worker-owned cooperatives - attitude shift - more responsibility

for - stats - small businesses - USA - 3 million - 10 trillion in assets - 11 million baby boomers retiring by 2035 - US - worker-owned cooperatives - potential

for - quote / critique - it is upon us, beyond our power to alter, and therefore to be accepted and made the best of. It is a waste of time to criticize the inevitable. - Andrew Carnegie - The Gospel of Wealth - alternatives - to - mainstream companies - cooperatives - Peer to Peer - Decentralized Autonomous Organization (DAO) - Fair Share Commons - B Corporations - Worker owned companies

quote / critique - it is upon us, beyond our power to alter, and therefore to be accepted and made the best of. It is a waste of time to criticize the inevitable. - Andrew Carnegie - The Gospel of Wealth - This is a defeatist attitude that does not look for a condition where both enormous inequality AND universal squalor can both eliminated - Today, there are a growing number of alternative ideas which can challenge this claim such as: - Cooperatives - example - Mondragon corporation with 70,000 employees - B Corporations - Fair Share Commons - Peer to Peer - Worker owned companies - Cosmolocal organizations - Decentralized Autonomous Organization (DAO)

• for: transition - at local level, community owned production cooperatives

• comment

  • SONECs can provide the vehicle for rapid whole system change and transition at the local level
  • From SONEC neighborhood parliaments, a community can become more independent and production can be relocaized in the form of community owned cooperatives for:
    • energy
    • water
    • food
    • transportation
    • health
    • manufacturing

• for: futures - neo-Venetian crypto-networks, Global Chinese Commons, GCC, cosmolocal, coordiNation, somewheres, everywheres, nowheres, Global System One, Global System Two, Global System Three, contributory accounting, fourth sector, protocol cooperative, mutual coordination economics

• summary

• learned something new
  • I learned a number of new ideas from reading Michel's article. He gives a brief meta-history of our political-socio-economic system, using Peter Pogany's framework of Global System One, Two and Three and within this argues for why a marriage of blockchain systems and cosmolocal production systems could create a "fourth sector" for the transition to Global System Three.
  • He cites evidence of existing trends already pointing in this direction, drawing from his research in P2P Foundation

https://dougbelshaw.com/blog/2022/11/25/defederation-and-governance-processes/

A leverage point to mobilize the trades, appeal to labor uniions approached along with cooperatives in a synergistic appeal.

Another value of the data cooperative model might be that each individual might not have time to research and administer possible new data-sharing requests/opportunities, and it would be helpful to entrust that work to a cooperative entity that already has one's trust.

Workers controlling the means of production sounds like co-operative industries. This paradigm is not antithetical to 'capitalism' in the sense that there is still private ownership of the means of production. I disagree with the statement that democratic socialists do not support capitalism.

A good debate on this topic here - https://politics.stackexchange.com/questions/323/are-worker-cooperatives-socialist-capitalist-or-their-own-category

New Internationalist, a left-wing worker cooperative publisher best known for its monthly magazine, is offering community shares.

http://www.crowdfunder.co.uk/new-internationalist