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#workerownership

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Chloé Messdaghi<p>As AI reshapes the economy, a new paper argues worker ownership—via co-ops &amp; ESOPs—could ensure a fairer, more inclusive future.<br>Read here: <a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4913167" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">papers.ssrn.com/sol3/papers.cf</span><span class="invisible">m?abstract_id=4913167</span></a> </p><p><a href="https://infosec.exchange/tags/AIFuture" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>AIFuture</span></a> <a href="https://infosec.exchange/tags/WorkerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkerOwnership</span></a> <a href="https://infosec.exchange/tags/EconomicEquity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EconomicEquity</span></a></p>
pdb<p>“‘I don’t think you solve the systemic economic problems just with worker co-ops,’ [John Duda of <span class="h-card" translate="no"><a href="https://kolektiva.social/@redemmas" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>redemmas</span></a></span>] says. ​‘There needs to be a larger context in which worker co-ops are embedded⁠ — a larger fight. But I think there’s something really important and really precious about worker co-ops as a laboratory or a kind of learning.’”</p><p><span class="h-card" translate="no"><a href="https://journa.host/@OsitaNwanevu" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>OsitaNwanevu</span></a></span> writing for In These Times: <a href="https://inthesetimes.com/article/worker-cooperatives-baltimore-maryland" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">inthesetimes.com/article/worke</span><span class="invisible">r-cooperatives-baltimore-maryland</span></a></p><p><a href="https://social.coop/tags/cooperatives" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cooperatives</span></a> <a href="https://social.coop/tags/workerCoop" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workerCoop</span></a> <a href="https://social.coop/tags/workerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workerOwnership</span></a> <a href="https://social.coop/tags/workplaceDemocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workplaceDemocracy</span></a> <a href="https://social.coop/tags/RedEmmas" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>RedEmmas</span></a> <a href="https://social.coop/tags/Baltimore" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Baltimore</span></a> <a href="https://social.coop/tags/OsitaNwanevu" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>OsitaNwanevu</span></a></p>
Harry 📸 GameBoy CameraWe recently celebrated two years of <a class="u-url" href="https://pixelfed.social/@VillageOneCoop@toot.village.one" rel="nofollow noopener" target="_blank">@VillageOneCoop@toot.village.one</a> and printed some posters at Erik Spiekermann’s letterpress workshop. Slogans were “It takes a Village”, “Island of Sanity” and “democratize work” (context: we’re a worker-owned cooperative) <a href="https://pixelfed.social/discover/tags/GameBoyCamera?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#GameBoyCamera</a> <a href="https://pixelfed.social/discover/tags/Cooperative?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#Cooperative</a> <a href="https://pixelfed.social/discover/tags/Cooperatives?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#Cooperatives</a> <a href="https://pixelfed.social/discover/tags/WorkerOwnership?src=hash" class="u-url hashtag" rel="nofollow noopener" target="_blank">#WorkerOwnership</a>
MikeDunnAuthor<p>A good start....</p><p>even better would be a world without landlords, bosses, priests or kings!</p><p><a href="https://kolektiva.social/tags/organize" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>organize</span></a> <a href="https://kolektiva.social/tags/Unionize" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Unionize</span></a> <a href="https://kolektiva.social/tags/generalstrike" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>generalstrike</span></a> <a href="https://kolektiva.social/tags/directaction" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>directaction</span></a> <a href="https://kolektiva.social/tags/sabotage" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>sabotage</span></a> <a href="https://kolektiva.social/tags/workerownership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workerownership</span></a> <a href="https://kolektiva.social/tags/HOUSINGISARIGHT" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HOUSINGISARIGHT</span></a></p>
Strypey<p><span class="h-card" translate="no"><a href="https://social.coop/@shauna" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>shauna</span></a></span> <br>&gt; they do not have collective ownership by the workers and users, and without that, nothing stops private equity from destroying all the beautiful things they *do* have</p><p>Agreed. Same is true in reverse.</p><p>As John Abrams says in his book Companies We Keep, giving workers ownership without democratic management is like selling someone a car without giving them the keys;</p><p><a href="https://yewtu.be/watch?v=tcAx4vKfr2A" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="">yewtu.be/watch?v=tcAx4vKfr2A</span><span class="invisible"></span></a></p><p><a href="https://mastodon.nzoss.nz/tags/Cooperatives" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cooperatives</span></a> <a href="https://mastodon.nzoss.nz/tags/WorkerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkerOwnership</span></a> <a href="https://mastodon.nzoss.nz/tags/JohnAbrams" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JohnAbrams</span></a> <a href="https://mastodon.nzoss.nz/tags/CompaniesWeKeep" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CompaniesWeKeep</span></a></p>
Palm Beach County DSA<p>new praxis just dropped </p><p><a href="https://archive.is/P1cUy" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="">archive.is/P1cUy</span><span class="invisible"></span></a></p><p>"Though <a href="https://union.place/tags/Teamshares" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Teamshares</span></a> 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."</p><p><a href="https://union.place/tags/WorkerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkerOwnership</span></a> (but closer to the ESOP kind)</p>
JohnnyMac 🌲🌲<p>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! <a href="https://social.coop/tags/workerownership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workerownership</span></a> <a href="https://social.coop/tags/cooperativess" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cooperativess</span></a></p>
ecosentido<p>How Worker Ownership Builds Community Wealth And A More Just Society</p><p><a href="https://xarxa.cloud/tags/workerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workerOwnership</span></a> <a href="https://xarxa.cloud/tags/solidarityEconomy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>solidarityEconomy</span></a> </p><p><a href="https://nextcity.org/urbanist-news/worker-ownership-builds-community-wealth-and-a-more-just-society" rel="nofollow noopener" target="_blank"><span class="invisible">https://</span><span class="ellipsis">nextcity.org/urbanist-news/wor</span><span class="invisible">ker-ownership-builds-community-wealth-and-a-more-just-society</span></a></p>
ecosentido<p>WORK Act signed into law, appropriating $50 toward worker ownership</p><p><a href="https://xarxa.cloud/tags/workerCoop" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workerCoop</span></a> <a href="https://xarxa.cloud/tags/workerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>workerOwnership</span></a> <a href="https://xarxa.cloud/tags/SolidarityEconomy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SolidarityEconomy</span></a> </p><p><a href="https://www.usworker.coop/blog/work-act-signed-into-law-appropriating-50-toward-worker-ownership/" rel="nofollow noopener" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">usworker.coop/blog/work-act-si</span><span class="invisible">gned-into-law-appropriating-50-toward-worker-ownership/</span></a></p>
A Guy Named Brian (he/him)<p>“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.”</p><p><a href="https://mastodon.social/tags/Cooperatives" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Cooperatives</span></a> <a href="https://mastodon.social/tags/WorkerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkerOwnership</span></a> <a href="https://mastodon.social/tags/Labor" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Labor</span></a> <a href="https://mastodon.social/tags/LivingWages" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>LivingWages</span></a> <a href="https://mastodon.social/tags/WorkplaceDemocracy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkplaceDemocracy</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/PeopleOverProfits" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PeopleOverProfits</span></a> </p><p><a href="https://www.yesmagazine.org/opinion/2022/05/10/company-converted-to-a-cooperative" rel="nofollow noopener" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">yesmagazine.org/opinion/2022/0</span><span class="invisible">5/10/company-converted-to-a-cooperative</span></a></p>
Daniel Mackisack<p>Mandatory minimum share allocations for all employment contracts would be a great way to help address spiralling <a href="https://mstdn.social/tags/WealthInequality" class="mention hashtag" rel="tag">#<span>WealthInequality</span></a>, avoid the pitfalls of <a href="https://mstdn.social/tags/Automation" class="mention hashtag" rel="tag">#<span>Automation</span></a> and create a healthier fairer economy with a lot less <a href="https://mstdn.social/tags/BullShitJobs" class="mention hashtag" rel="tag">#<span>BullShitJobs</span></a>. Its backdoor <a href="https://mstdn.social/tags/WorkerOwnership" class="mention hashtag" rel="tag">#<span>WorkerOwnership</span></a> that slowly converts private companies into <a href="https://mstdn.social/tags/Cooperatives" class="mention hashtag" rel="tag">#<span>Cooperatives</span></a>. </p><p>Combine it with a <a href="https://mstdn.social/tags/UBI" class="mention hashtag" rel="tag">#<span>UBI</span></a> and a proper <a href="https://mstdn.social/tags/WealthTax" class="mention hashtag" rel="tag">#<span>WealthTax</span></a> and maybe we’ll get somewhere.</p><p>What do you think?</p><p><a href="https://medium.com/best-guess/universal-basic-ownership-f40b0e3a91ed" target="_blank" rel="nofollow noopener" translate="no"><span class="invisible">https://</span><span class="ellipsis">medium.com/best-guess/universa</span><span class="invisible">l-basic-ownership-f40b0e3a91ed</span></a></p>
gardenpeach<p>Things I need to learn about:<br>-<a href="https://mas.to/tags/BuildingSafety" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BuildingSafety</span></a>, <a href="https://mas.to/tags/IndoorAirQuality" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>IndoorAirQuality</span></a>, <a href="https://mas.to/tags/MoldRemediation" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>MoldRemediation</span></a>, how close to a building is it ok for trees to be?<br>-Setting up <a href="https://mas.to/tags/cooperative" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cooperative</span></a> business entity and redistributing ownership to multiple parties. <a href="https://mas.to/tags/WorkerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkerOwnership</span></a><br>-<a href="https://mas.to/tags/Facilitating" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Facilitating</span></a> meetings and making actionable proposals.</p><p>I would hashtag this but I don't even know the best terms for some of those topics. [Edited to add some.]</p>
Tero Keski-Valkama<p>"However, many <a href="https://geeknews.chat/tags/TechCooperatives" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TechCooperatives</span></a> do need an injection of initial money to get started. Luckily, as the <a href="https://geeknews.chat/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>US</span></a> Federation of <a href="https://geeknews.chat/tags/WorkerCooperatives" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkerCooperatives</span></a> (USFWC) has documented in 'Financing Resources,' a growing number of financial institutions are familiar with <a href="https://geeknews.chat/tags/WorkerOwnership" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>WorkerOwnership</span></a> and have created programs to support them, including substantial <a href="https://geeknews.chat/tags/loans" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>loans</span></a> and financial consulting."</p>
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