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#workercooperative

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LibertyForward1

My newest #substack article in a long-winded series about my ideas for the concept of a #WorkerCooperative MLM designed for #DisposablePeople like me who struggle with traditional employment due to #MentalIllness or physical challenges or societal #marginalization.

"Capital gains at any cost on a quarterly balance sheet seems as much a madness as a tumor depleting the resources until the rapid, uncontrolled expansion kills both it and the host."

doamt.substack.com/p/coop-ponz

Diary of a Misfit ToyA Worker Cooperative Ponzi Scheme? Part 3By Liberty Forward
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Samuel Plumppu

What do you think about the following incentive structure for founders of #cooperatives?

1. Founders contribute unpaid work to get the #coop started.

2. Once the #cooperative is sustainable economically, founders get a limited period of additional salary, based on what they think is fair given the initial unpaid work.

3. After that, all #workercooperative members own and govern the organization on the same terms, and all get compensated based on the policy they agree on.

#startup#finance
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Jörg Preisendörfer
@nemobis How to prevent sell-out of #assets in a #ForProfit #Cooperative running #Fediverse instances

Thx for your interest in the topic!

I guess the confusion has nothing to do with a ›german context‹, because the principles I am refering to are the same on a global scale (see the #GuidancesNotes to the #CooperativePrinciples I am linking to under letter –g–).

I rather presume that you are conceiving of the model of a #WorkerCooperative, whereas I am conceiving of the model of a #PlatformCooperative (see letter –b–).

Salary or wages are never part of any businesses' profit. #Bookkeeping theory counts them among the expenses of a business. By definition the surplus is what remains after substracting the expenses.

The posting you were replying to is all about the reasons why it is crucial for a platform cooperative to be for-profit, so it can distribute a fraction of it's surplus (never all of it) to its members to give them back on their engagement — and only #ForProfit cooperatives can do this, while #NonProfit cooperatives have to keep all of their #surplus.

This concept is exactly the same as conceiving of a #BasicIncomeGrant as a payment made for participation in a society's democratic processes.

Any non-profit organisation will always fall prey to #Classism in short term, even with the best of all intentions.

Regarding the problem of sell-out of assets:

Sell-out of assets is not attractive when a cooperative delivers on the cooperative principles of:

2 — #DemocraticMemberControl
3 — #MemberEconomicParticipation
5 — #EducationTrainingAndInformation
7 — #ConcernForCommunity

When a cooperative falls short of living up to these principle's, it will be more attractive to sell-out the assets which it is not forbidden to sell by law or its own statutes, and cease operation.

But the risk of sell-out of assets is even higher in other types of businesses and in a #foundation or #endowment because there is less democratic control.

To lower the risk of sell-out of assets, the theory of cooperatives also knows the concept of an #IndivisbleReserve which never can be swept-out to the members of the cooperative (see the Guidance Notes mentioned above).

Also note that #commerce and #capitalism are not the same.
ICAThe Guidance Notes on the Cooperative Principles | ICAThe International Cooperative Alliance is the global steward of the Statement on the Co-operative Identity – the Values and Principles of the cooperative movement.
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Jörg Preisendörfer

On #Friendica:

›Running #Fediverse instances by for-profit #cooperative societies‹

🔗 (1) libranet.de/display/0b6b25a8-5
🔗 (2) libranet.de/display/0b6b25a8-6

🌺

🏷️ #PlatformCooperative #Coop #Genossenschaft #Distributism #Mastodon #Pixelfed #ICA #InternationalCooperativeAlliance #SCE #SocietasCooperativaEuropaea #EuropeanCooperative #CooperativePrinciples #Compliance #Governance #Representation #NonProfit #ForProfit #Participation #WorkerCooperative #Surplus #Refund #Liquidity #Microcredit #Dividend

libranet.deOperation of #Fediverse Instances by #ForProfit #Cooperative Societies (1)Note: This posting is a reply on a toot regarding the topic of running Fediverse instances by for-profit cooperative societies (see 🐘 https://mastodon.gre...
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Joel Leichty

I’ve been in the #workercooperative space for literally ones of months. On the Dunning Krueger scale I’ve reached the pinnacle of confidence.

That’s why there is no doubt in my mind that more consulting firms should consider organizing as #coops.

Consulting is a business where the link between workers’ labor and revenue is obvious. It also requires very little capital for startup and has low overhead, making it simpler to get rolling.
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