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co-ownership network

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newbie [Jul. 16th, 2009|10:55 am]
co-ownership network


This is a great idea.

See, I've talked to some folks who believe that industry should be worker owned, and worker controlled, so that everyone collectively profits from the means of production. This would be the logical conclusion to such an idea: collective ownership of business, pooling resources to get business off the ground.

So are there any members of this community who have tried such a model? How did you go about getting started? What are the upsides? What are the drawbacks and concerns from a business perspective? Any other information would be helpful. In our city, unemployment is a huge problem. We also have a plethora of vacant storefronts and other businesses that could seriously need some investment, and have great potential.

Advice would be welcome. Or if the mods could post some helpful links in the userinfo section, that would also be awesome.

thanks folks.

[User Picture]From: cd_vision
2009-07-16 05:58 pm (UTC)
As it stands, most corporations are already structured this way in that people can take part ownership of a company through stock investing. This assumes, of course, the business is stable and consistently profitable.

In other cases, like for example with Wal-Mart, a few people were originally responsible for financing the business, and they had huge ownership stakes as a result. All became very wealthy.

But yeah, I guess that someone has to have either some good ideas or some experience, then the right financing to get started.
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