Steelplate
New member
local co-ops are a form of communism and a good form, we need more co-ops, however, it always necessary to beware of those that run them. credit unions are also a form of co-ops and once more a good form...until they get too big
during the savings and loan failures, the government wanted to merge the credit union equivalent of the s&l fdic to steal their money to prop up the s&ls
we did not learn during that crisis just how bad irresponsible lending could mess up our financial system...and the repugs still want deregulation of our financial system!
credit unions are strictly regulated and require their leadership to be elected members of the credit union and are not for profit and they work
I agree..I think that co-ops and employee owned businesses are what is going to save this country....the only obstacle is how entrenched the Conglomerate is in our political process and our society.
The Conglomerate doesn't care about country and it's people....they serve themselves and themselves alone.
I created a thread a little while back that got blown up by a couple of assholes....in it I used a hypothetical retail store....similar to Walmart. There would be a cap on salaries at $100k...maximum. For the owner and upper management. The regular employees would be paid an hourly rate similar to what they are now. The difference is what happens with the profits... they would get split evenly throughout the business from cashier to owner. Minus 10-15% to invest in new stores.