new praxis just dropped

https://archive.is/P1cUy

"Though #Teamshares says that it sometimes pays below market price for a company, it installs a new president that it trains and grants 10% of the business’s stock to its employees. Moreover, it promises to increase those employees’ ownership to 80% within 20 years."

#WorkerOwnership (but closer to the ESOP kind)

update from Washington, SB 5096 "employee ownership" passed the Senate unanimously--it now goes to the House and the same committee that unanimously approved an identical House Bill (1743). We expect this incredible bill to pass the House unanimously as well! #workerownership

How Worker Ownership Builds Community Wealth And A More Just Society

#workerOwnership #solidarityEconomy

https://nextcity.org/urbanist-news/worker-ownership-builds-community-wealth-and-a-more-just-society

WORK Act signed into law, appropriating $50 toward worker ownership

#workerCoop #workerOwnership #SolidarityEconomy

https://www.usworker.coop/blog/work-act-signed-into-law-appropriating-50-toward-worker-ownership/

“Co-ops aren’t necessarily anti-profit. It’s just that they’re controlled by the workers. They grow sustainably and ethically, providing a living wage for their members and giving back to their communities when they can. Co-ops reject the idea that people *are* labor. They know that people *own* labor.”

#Cooperatives #WorkerOwnership #Labor #LivingWages #WorkplaceDemocracy #Economics #PeopleOverProfits

https://www.yesmagazine.org/opinion/2022/05/10/company-converted-to-a-cooperative

Mandatory minimum share allocations for all employment contracts would be a great way to help address spiralling #WealthInequality, avoid the pitfalls of #Automation and create a healthier fairer economy with a lot less #BullShitJobs. Its backdoor #WorkerOwnership that slowly converts private companies into #Cooperatives.

Combine it with a #UBI and a proper #WealthTax and maybe we’ll get somewhere.

What do you think?

https://medium.com/best-guess/universal-basic-ownership-f40b0e3a91ed

I firmly believe that mandatory minimum share allocations for all employment contracts is the best way to reverse spiralling #WealthInequality, avoid the pitfalls of #Automation and create a healthier economy that actually rewards people. Its backdoor #WorkerOwnership that slowly converts private companies into #Cooperatives.

Combine it with a #UBI and a proper #WealthTax and maybe we’ll get somewhere.

What do you think?

https://medium.com/best-guess/universal-basic-ownership-f40b0e3a91ed

I firmly believe that mandatory minimum share allocations for all private sector contracts is the best way to reverse spiralling #WealthInequality, avoid the pitfalls of #Automation and create a healthier economy that actually rewards people. Its backdoor #WorkerOwnership that slowly converts private companies into #Cooperatives.

Combine it with a #UBI and a proper #WealthTax and maybe we’ll get somewhere.

I call it a #UBO.

https://medium.com/best-guess/universal-basic-ownership-f40b0e3a91ed

Bernie’s bill to expand #WorkerOwnership passed the Senate in the omnibus bill. It now heads to the House.
https://www.commondreams.org/news/bernie-sanders-worker-ownership

#WorkAct #WorkplaceDemocracy

Things I need to learn about:
-#BuildingSafety, #IndoorAirQuality, #MoldRemediation, how close to a building is it ok for trees to be?
-Setting up #cooperative business entity and redistributing ownership to multiple parties. #WorkerOwnership
-#Facilitating meetings and making actionable proposals.

I would hashtag this but I don't even know the best terms for some of those topics. [Edited to add some.]

Idea I had once: a steakhouse owned and operated as a worker owned co-op with rotating roles.

Name it Red Meat 🥩

#food #thoughts #workerownership

Today's my first day back from my sabattical from #TransparentClassroom, the the SaaS company converting to #WorkerOwnership (and hopefully a true #Cooperative).

Apparently we're hiring 1~2?!? more Developers. It's #RubyOnRails and #React, but we're moving slowly back to Boring #HTML and #CSS with little "JavaScript Sprinkles" (likely using #StimulusJS or similar) to reduce maintenance costs and ease development.

When I get the job post I'll share it here and ask for boosts!

RT @J_B_Briggs@twitter.com

Yet another profile on the difference between wealth (capital ownership) and income (labor pay).

Building capital ownership for more people is an important part of changing this equation.

#inclusiveeconomy
#EmployeeOwnership
#WorkerOwnership
#ExitToCommunity

via @VisualCap@twitter.com https://twitter.com/VisualCap/status/1440382160075067392

🐦🔗: https://twitter.com/J_B_Briggs/status/1440385103113306112

My thoughts on the New Belgium sale: https://workersparadise.org/2019/12/30/new-belgium-brewery-goes-flat/ #coops #workerownership #employeeRVs

"To help some of the newcomers make connections: name 5-7 things that interest you but aren't in your profile, as tags so they are searchable. Then boost this post or repeat its instructions so others know to do the same."
as a newcomer, here are mine:
#coops
#workerownership
#crosswords
#bebop
#gratefuldead
#shakespeare
#anarchosyndicalism