What if a business "going public" (#IPO) meant being converted into a cooperative? The #founder gets their cash payout for building something of value to the community by actually *selling* it to the community? Power to the people!
I want to see laws passed that help promote and incentivize this option.
#Cooperatives reduce:
* #Inequality
* #EconomicInstability
* #PerverseIncentives
* #ConflictsOfInterest
The #profit made by a cooperative goes back into the #community, and their #leadership decisions are made by the community, because they are #CommunityOwned.
That means they'll listen if you say #climate matters. They'll care if you want to look out for the #disadvantaged in your community. They won't try to rake you over the coals with #PriceGouging. They won't try to trick you with #FalseAdvertizing. They won't try to manipulate you into #overspending or #ImpulseBuys. Because "they" are YOU.
#ipo #founder #cooperatives #inequality #economicinstability #perverseincentives #conflictsofinterest #profit #community #leadership #communityowned #climate #disadvantaged #pricegouging #falseadvertizing #overspending #impulsebuys
Did I buy a ridiculously expensive oversized Tunisian crochet afghan kit to work on over the winter? Yes, yes I did. #impulsebuys #adhd #hobbies #crochet
#impulsebuys #adhd #hobbies #crochet