Before massive corporations like Walmart came into small towns and siphoned up all of the capital from it, permanently moving it into their own hoards, communities were full of locally-owned and operated businesses where the profits, and wages from such were directly invested back into the community. It’s truly difficult, if not impossible, to actually grasp the extent of what Capitalism has taken from us.
There used to be a cohesive concept of community, and they’d raise money using methods like bonds. The people of the community, and the people working at the actual place, would reap the benefits of their work.
A transition would be difficult, obviously, but take a look into Germany’s laws surrounding worker ownership of corporations, as well as large worker owned co-ops like Mondragon.
Communities? Bonds?
Before massive corporations like Walmart came into small towns and siphoned up all of the capital from it, permanently moving it into their own hoards, communities were full of locally-owned and operated businesses where the profits, and wages from such were directly invested back into the community. It’s truly difficult, if not impossible, to actually grasp the extent of what Capitalism has taken from us.
There used to be a cohesive concept of community, and they’d raise money using methods like bonds. The people of the community, and the people working at the actual place, would reap the benefits of their work.
A transition would be difficult, obviously, but take a look into Germany’s laws surrounding worker ownership of corporations, as well as large worker owned co-ops like Mondragon.