Alaskan expat who is a proud father to one autistic, and very brainy, transgender daughter, one heterosexual son, and one gay son Olympia, Washington Background: Copper River Basin Alaska I saw why salmon swim upstream to die in Heaven #capitalism #law #fediverse #CCE #lawfedi #legal #lawprofs #scotus #economics #CommonsCapitalism
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Last Notes npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14s3…pjsw Here is a series of posts that address the exploitation problems caused by traditional capitalism: https://awscommunity.social/@Cirdan/112899562827348442 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. https://cdn.masto.host/awscommunitysocial/media_attachments/files/112/669/471/822/283/669/original/0bd9dc6cd6816d5d.webp npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub10nf…0km0 I agree. Traditional capitalism is not inevitable. If you want to compare it to being like a cancer or an invasive weed that should be eradicated, I'm on board. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1yxd…afdw I guess Roundup was the pig-in-the-poke that Bayer bought when it acquired Monsanto. The ensuing litigation couldn't have happened to a more deserving group of companies. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1h3h…9hxt I assume you are in Australia. Good luck with your revolution down there. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1h3h…9hxt No. That is not correct. Communal capitalism and Commons Capitalism do not. They promote a democratic process and equitable distribution of property. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1h3h…9hxt Rojava is only sbout the size of Vermont and New Hampshire combined. It's strucure can't be sustained over a country the size of the United States. The rest you mention is wishful thinking. Sorry. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1h3h…9hxt By the way, Commons Capitalism promotes a middle middle-class. Fascism and traditional capitalism promote peasantry, a lower class, and, at most, a lower middle class. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1h3h…9hxt So your approach is what, revolution? npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1h3h…9hxt As they say in Texas, professor Reich is all hat and no cattle. Let him propose ways to counter profligate corporate abuse, not just complain about it. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. ATTENTION PRO-CAPITALISTS I have posted a 3,500 word summary about Commons Capitalism, an economic system that could replace present day Capitalism and raise the standard of living of tens of millions of American workers. I'm currently researching and riding a paper on it. 1/2 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub17rr…7wsy It is logical. You need to read what's written and understand it first. As I said they all dismiss it. All of them are wrong, because none of them understand it. Their comments beg the question, "What part of Commons Capitalism doesn't work?" npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub17rr…7wsy Nothing of the sort. If you want to familiarize yourself with Commons Capitalism, go to: https://awscommunity.social/@Cirdan/112509414520700948 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub17ss…76l0 Here's the link again: https://awscommunity.social/@Cirdan/112509414520700948 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub17ss…76l0 No, it's not socialism rebranded either. Go read it. I think you will appreciate its approach. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub17ss…76l0 Don't know if you've read about Commons Capitalism but you might want to look at it at: https://awscommunity.social/@Cirdan/112509414520700948 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. The inaugural purchase of a target company from a Seller could be financed by the CCE obtaining 70% of the purchase price through syndicated loans secured by the assets of the target company. The remaining 30% of the purchase price could be financed through the Seller taking back a promissory note and security agreement giving the Seller a second priority security interest in the company assets and providing a stand down agreement to the syndicated lenders. 3/5 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. FINANCING THE FIRST CCE The first CCE could receive financing to purchase its first target company by using a combination of asset-based lending, syndicated loans, guaranties, and/or seller financing. No state funding or shareholder investment would be required. After the first CCE had satisfied repayment of the debt of acquiring its first target company, which would take 3-5 years, the CCE would be fully funded to start paying prevailing wages and social benefits to workers. 1/ npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub10nf…0km0 You have my answer to all those questions. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. The CCE and its component entities, the corporation and the subsidiary (formed as a for-profit corporation or limited liability company), can do business in all fifty states by having the entities register as foreign entities in any state where they want to conduct business. /4 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. FORMATION AND OPERATION OF A CCE As mentioned previously, a CCE requires two entities, a not-for-profit corporation and a subsidiary entity. The most important requirement in their formation is that neither can have any individuals as shareholders, members or other stakeholders. The primary reason for this is the corporation and its subsidiary cannot distribute net profits or be responsible to any shareholders, members, or other stakeholders. 1/ npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. Each division would be represented by a working director who would be a member of the board of directors of the corporation. The director for the corporation division would be appointed by its president. The second director would be appointed by the president of the subsidiary. The third director would be elected by the active workers of both the corporation and the subsidiary. 4/6 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. ORIGIN OF TRADITIONAL CAPITALISM The concept of traditional capitalism, i.e., ownership of the means of production (including the earned surplus) by individuals, is an inchoate concept developed out of the age of Feudalism. People have known about the inequities created by this species of property ownership since the Enclosure (starting in the 1200s with the Statute of Merton) and capitalism (starting in the 1600s). 1/6 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1aq2…4nfw If Trump wins the Presidency, they need to livestream a head of lettuce to see whether it or Democracy will last longer. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1yu7…vgeu I've used CoPilot for some research. My best description is that, for what I'm doing, it performs like a lazy bum. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub199u…a2vj Thanks, and good luck to you. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub199u…a2vj If you have any interest: https://awscommunity.social/@Cirdan/112471270848205530 npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1h3h…9hxt That's caused by traditional capitalism, not #CommonsCapitalism which would have the opposite effect on poverty. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1ghd…2kta "Indians embrace 'replacement theory' to anger native Americans" Somehow the latter phrase makes more sense than what the GOP is embracing, and it doesn't sound racist at all. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1l9v…yzxn How do you generate a tax base to build a hospital? An airport? Provide for the common defemse? npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1l9v…yzxn And how to you propose to build hospitals? Airports? Provide for the common defense of the United States? npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1l9v…yzxn Then how do you propose to have an economy the size of the US? npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1l9v…yzxn I'm curious, do you think all profits should go to the workers or that no profits should be made at all? npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1l9v…yzxn And no, it's definitely not (anarcho) syndicalism, especially because workers have little say over the Commons Capitalism Entity among many other reasons. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub155z…23rf The United States capitalists would do their very best to rape and pillage the UK if they could. Don't read that Trump administration would be fair and equitable in trading with the UK. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1s83…73sd Most of the small businesses I represented were just trying to stay alive, but I understand where you are coming from. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14s3…pjsw I would amend that to say no corporation or entity, whether directly or indirectly, owned by individuals should own the means of production. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1l89…6nlg I can understand your sentiment; however, such concepts, e.g., libraries, are so vital to society, they must be advocated, notwithstanding any capitalist's positions to the contrary. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub19tp…rv5m I get tired of saying this. There an economic system that does this. It's called Commons Capitalism. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1yxk…h68p No it's not contradictory. Commons Capitalism is an equitable alternative to traditional capitalism. Read about it at #CommonsCapitalismPrimer npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1q48…ulnd Sadly, I'm reminded of how slave owners would keep track of how much produce each slave would pick to maximize the plantation's output. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1788…9nku Thank you for your thoughts. Traditional Capitalism leaves a lot to be desired, and I can understand that aspects of communism would be desirable. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1jq9…jqnl Pardon me for recoining a phrase, but why don't we call it "trickle down capitalism" to put traditional capitalism into perspective? npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1mav…csjc I'm using Samsung Android. But, yeah going to your desktop is a good idea. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1mav…csjc https://www.ccmss.org.mx/wp-content/uploads/The-community-as-Entrepreneurial-firm.pdf npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1mav…csjc Try this: https://www.ccmss.org.mx/wp-content/uploads/The-community-as-Entrepreneurial-firm.pdf npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1q48…ulnd Here's an approach to give workers an equitable distribution of wages: Search for #CommonsCapitalismPrimer npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. Finally, Worker's Representatives provide verticle oversight of all management exercise of power over personnel and alienation of property. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. Each CCE has a minimum of five working directors: The first is appointed by the president of the nonprofit corporation (Nonprofit Liaison). The second is appointed by the subsidiary entity (Entity Liaison). The third is elected by the workers (Benefits Liaison). The fourth is elected by the remaining directors (Pension Liaison). The fifth is elected by the remaining directors (Acquisition Liaison). npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. Here is a community that uses a form of Commons Capitalism: https://www.ccmss.org.mx/wp-content/uploads/The-community-as-Entrepreneurial-firm.pdf It's been going strong for over fifty years. In our case, we can use renewal wealth, i.e., the means of production and net income, as our common pool resources and a board of directors instead of a whole community to run and maintain our CCEs. 5/ npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. The benefits of Commons Capitalism are, as follows: The primary benefit is to distribute profits to workers in the form of premium wages and Nordic-style benefits and spinoff replicate entities. The secondary benefit is to equitably distribute wealth, via worker's wages, throughout the community. The tertiary benefit is to halt the accumulation of the means of production in fewer and fewer individuals. 4/ npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. A substantial part of the resources is distributed to employees as premium wages with Nordic-style benefiits. The remainder of the resources are used to purchase other companies and similarly pay the new employees or create replicate CCEs.e one or more for-profit subsidiaries. 3/ npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. CC uses Commons Capitalism Entities (CCEs). They are nonprofit corporations that have no shareholders. The CCE would have one or more for-profit subsidiaries. Each CCE holds the means of production and net profits as a "commons," and the commons resources are used by five or more disparate groups. 2/ npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. #capitalism #economics #socialism #CommonsCapitalism #CCE COMMONS CAPITALISM A primer on how Commons Capitalism (CC) works to replace traditional capitalism, i.e., corporations or other entities owned directly or indirectly by individuals. 1/ npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. #capitalism #economics #socialism #CommonsCapitalism #CCE COMMONS CAPITALISM A primer on how Commons Capitalism (CC) works to replace traditional capitalism, i.e., corporations or other entities owned directly or indirectly by individuals. CC uses Commons Capitalism Entities (CCEs). They are nonprofit corporations that have no shareholders. The CCE would have one or more for-profit subsidiaries. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub16pm…yefe I appreciate your sentiments. But remember corporations are mindless, and it is important to understand the mindset of the individuals who chart the course of a corporation. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1z4e…jhuf Good video. I liked it, especially pointing the dangers advocated by Milton Friedman and the Chicago School. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub19qm…sn8k One caveat to that. This was caused by traditional capitalism, not capitalism, per se. In Commons Capitalism, which is another form of capitalism, you don't have any shareholders to satisfy. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1vj2…g420 My apologies. I'm just used to giving posters a more direct identification of what ails traditional capitalism. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1lkv…cf53 And, no Commons Capitalism doesn't work the way worker coops work. They are totally different creatures. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1lkv…cf53 I'm sure there will be lots of people who will call this Marxist and communism. But this is capitalism, the way it was meant to work. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1lkv…cf53 We already have forms of socialism. Just look at government handouts. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub15th…6nvx I think the better approach is to have corporations with no shareholders and all the net profits are paid in top wages and Nordic-style benefits to workers. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub126h…e7ft The problem with traditional capitalism is that it has no ethical guidelines short of criminal law and is hobbled by the craze to gain the highest profits for shareholders. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1kpw…xzz4 @npub15th…6nvx @npub126h…e7ft I understand your reasoning and why you think that way, but I wholeheartedly disagree with most of your conclusions. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub15th…6nvx @npub1m8k…tqca Here's the way I think of unions: Think of corporations as a cancer and unions are T-cells fighting that cancer. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1aky…4pnw You're right. There are so many fictions about traditional capitalism that are accepted as truths, they definitely harm society and economic well-being, as one poster mentioned. The idea that the hunt for wealth drives innovation is one of those myths. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1aky…4pnw You've said a lot the needs to be unpacked. You're right; the accumulation of wealth does harm society and, also, but more indirectly harms its economic growth. For some people getting rich from patents may drive their quest for innovation but, from my limited experience with innovators, they have an unscratchable itch that drives them forward, getting the job done at work or solving their immediate problem. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1aky…4pnw But there is a myriad of examples where innovation preceded wealth. The most obvious current example is Nicola Tesla. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1aky…4pnw "Growth or perish" is simply a misguided construct of some pseudo-expert capitalist. First, there is no basis that a company must grow other than growth to a sustainable size to be a going concern. Second, there is no research to establish that a company must grow past that point. Third, it's also based on the false construct that capitalism is the impetus for innovation. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14vn…8aaw I might add that coops are traditional corporate entities that have the same ownership problems, such seeking the highest profit. A person going to work for a coop is subject to the same relationship as the employee of a traditional cooperation. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14vn…8aaw Coops are tied to ownership of property and the typical coop is run by small owners as shareholders of the coop. It doesn't help the employees of the shareholder owner of the cooperative. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14vn…8aaw This is nonprofit only in structure. It's strictly in the business of paying salary and benefits for workers. There is oversight by the workers up and down the lines of management, including the directors, who have working positions. The workers are heavily involved with control of management pay and alienation of property. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14vn…8aaw Each nonprofit corporation is run by a board of directors. The nonprofit has no members. The board is not concerned with equality, democracy, or egalitarianism. It's strictly to pay top salaries and Nordic-style benfits to workers, buy up businesses and create new nonprofits that will do the same. It can do that because their are no shareholders. Workers do have some involvement on the board and how management is performed but democracy is not part of it. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14vn…8aaw There isn't anything to look up. It's a new concept that I'm researching. It uses capitalism to achieve what socialism intended to achieve. I know it's a viable solution and can outperform traditional capitalism. The more I research this, the more I wowed by it. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14vn…8aaw Absolutely not. There is no state ownership. The means of production are owned by nonprofit corporations who hold the property in commons to give wages and benefits to workers. There are no shareholders or stakeholders. That's called Commons Capitalism npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. I don't call this Labour Capitalism anymore. I call this Commons Capitalism. I realized the important concepts are to spread wealth among the workers, which will in turn spread wealth throughout the community, and stop the accumulation of the means on production. In this way capitalism is employed to achieve much of the societal benefits of socialism. The means of production and net profits are held for the benefit of the workers, not individuals. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub14vn…8aaw There's a 5th response. I call it Commons Capitalism. It's capitalism where the means of production and net profits are used for the benefit of workers, not the wealthy, and stops the accumulation of the means of production in the wealthy. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub136p…tnur The way to fix capitalism, and it is fixable, is to stop individual ownership of the means of production. Individual ownership causes an incessant drive for higher profits and an accumulation of property. This is not done through state or public ownership of the means of production, nor is it a socialist approach. However, it will be fair an equitable to workers. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1ufn…juc4 @npub1hyk…3p33 Hospitals, colleges, and any other public services should never be privatized. You're right, private equity firms would be the worst of the lot in aquiring public service instutions. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1v9d…wzw9 @npub1fg3…3qc4 You're right capitalism itself is not the problem it's just that individuals misuse and abuse capitalism for their own ends, i.e., acquiring and accumulating wealth. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1ye6…pwej There is a better way. Read my posts on Mastodon for #LCE or #LabourCapitalism. At another poster's suggestion, I'm going to put that and more in a Wikipedia page. Yes, there is a better way to perform Capitalism, keep all of the healthy market mechanisms, and restore the "Commons." npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1hpc…hjn3 @npub19f7…hz40 @npub1d7j…u8xc @npub1k4f…hjgz I'm not going to argue with you. The the US, the rule of law is very strong and people understand that they substantially need to obey the rule of law. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1hpc…hjn3 @npub19f7…hz40 @npub1d7j…u8xc @npub1k4f…hjgz The handmaiden is police action (Sorry about that). In particular courts are set up to determine property rights between individuals. Police action is used to enforce rights. That's pretty much a function unique to the court system. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1hpc…hjn3 @npub19f7…hz40 @npub1d7j…u8xc @npub1k4f…hjgz Laws and their handmaiden can be beneficial to a society. Their use by companies like Mondragon or places like the Rojava are vital to their existence. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1q48…ulnd Traditional capitalism is a cancer and labor unions are killer T-cells that combat it. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub19rr…vce6 That's true. Capitalism has no code of ethics. Moreover, if there were such a code, there is no mechanism to enforce it. The only existing mechanisms to enforce "business ethics" are the state and federal regulatory and criminal codes. Even then, businesses flaunt those statutes and regulations. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1qf6…nnte No. They just don't want to pay taxes. If anything, they don't want to spend money on Black people or POC. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1t3a…u082 I agree with you. Traditional capitalism is not neutral, non-political or benign. Traditional capitalism as executed in the US is designed to consume all resources using whatever means necessary, sonetimes including criminal acts. #LCE #LabourCapitalism #Socialism #Economics #Capitalism npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1t3a…u082 The overarching MANDATE of traditional #capitalism is to make the most profit possible whether through economic measures or by reducing or eliminating regulation, including taxes. If employees don't increase profits, they risk termination or being sued. There is NO code of business ethics short of state and federal criminal codes. #LCE #LabourCapitalism #Socialism #Economics #Capitalism npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub16kg…hh7t I like the idea, too. But, if you analyse capitalism and the socialist approaches to replace capitalism, you realize one central requirement, in particular, for a large country is an efficient market economy. So capitalism is required. The further you examine capitalism, you will realize the problem is not capitalism, per se, but individual ownership of IPP which drives profits and property accumulation. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub16kg…hh7t It's imperative that we regulate common resources. Go read Elinor Ostrum's "Governing The Commons." If access to common resources is unregulated and traditional capitalism is applied, then the resource will be depleted or destroyed. Traditional capitalism can be applied no other way. #LCE #LabourCapitalism #Socialism #Economics #Capitalism npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub100t…6cuy @npub1xdd…e9jk Labour Capitalism is a peaceful way to reduce and eliminate traditional capitalism. Under Labour Capitalism you would still have coops and sole proprietorships. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1t00…8lrn I started researching this about a year ago and have had several Euraka! moments. The more I look at this, more I realize that the problem of capitalism is not capitalism itself but the ownership of income producing properties which ostensibly started with William The Conqueror. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1t00…8lrn Functionally, an LCE is similar to how a "commons" serves a disparate number of people. It serves the all its workers, the companies that are its wholly owned subsidiaries, and creates new CLEs to replicate what the CLE does, i.e., pay workers well and create new LCEs. And, it's all viable. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1t00…8lrn I don't have a link, sorry. Here are some attached comments about LCEs. Remember, the hardest thing to do is conceptualize what an LCE is. Most people think it's some form of worker's coop. It's nothing of the sort. They think that only because they think in terms of tradition capitalism, i.e., individuals MUST own ithe income producing properties and the net profit. In the case of the LCE, the LCE owns the property and receives the net profit. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1t00…8lrn No, traditional capitalism is. Labour Capitalism remedies the problems created by traditional capitalism. #LCE #LabourCapitalism #Socialism #Economics #Capitalism npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1cps…6u2j OK, if you say so. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1cps…6u2j Nobody's making any excuses. I'm just telling you factually and legally what occurs. npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq Jonathan D. Cope, Esq. @npub1cps…6u2j The suit would probably be for negligence or breach of fiduciary duty.