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Cool resource.Anyone who's interested, this is a good place to start: Intentional Communities Directory - ecovillages communes cohousing
Seriously, what is stopping socialists from joining together in groups and living a better lifestyle? The hippies did it in the 60's. What happened?
Every company I've worked for since graduation has been employee-owned.In some ways, I think employees should focus on buying stock in their own company. The shareholders and the employees would overlap significantly.
I think it depends on the type of company, too. For some reason, it seems like architecture and engineering firms tend to have a high proportion of employee ownership. I don't think that the average shareholder at most of them holds hundreds of thousands of dollars in shares.The issue is that upon comparing market capitalization to number of employees, it is apparent that each employee would have to invest hundreds of thousands of dollars for a typical corporation to be majority owned by the employees. This is not unfeasible, considering that people who diligently build their 401(k) typically have this much money after a long time at work. Older, longer-working, more experienced employees would likely be larger shareholders.
Yeah... that's one of the big things that's kept me from buying shares in a company I've worked for: it can be extra risky. If things go bad in your industry, not only is your job on the line, but so are your savings. Employee ownership is kinda like the "anti-hedge" for job insecurity.The downside is that for this to be feasible, employees have to really lack diversification in their portfolios, and put most of their eggs into the single basket of their company.
I've never heard of that before. That makes no sense to me.I've seen some companies that prohibit employees from buying company stock. I don't think this should be legal.
You dirty dirty commie.Some of us in Michigan have a loose association which could be described as a cooperative.
Money is so scarce, that we barter. Of course, we keep track of labor & material debits &
credits in dollars.
Seriously, what is stopping socialists from joining together in groups and living a better lifestyle? The hippies did it in the 60's. What happened?
Seriously, what is stopping socialists from joining together in groups and living a better lifestyle? The hippies did it in the 60's. What happened?
Coops could incorporate.Corporations are endowed with legal protections that are sky high.