Only would only those in the community be able to invest in bonds? Otherwise big investors would invest in promising ideas. Who is in a community? Who is the community for a global operation?
I like the idea, but I think it’d be really hard to apply to things like tech or businesses with global infrastructure.
I’m not sure what you mean… This is already a thing that happens and is happening. You could choose who the bonds are available to if you want to avoid a corporation or single entity buying them all up. Or have rules around maximum % ownership, things like that.
In terms of worker-owned co-operatives, and all that, If you want to understand how something like this might work on a larger scale, look into Germany’s laws around employee ownership/participation, in corporations, as well as the Mondragon Corporation in Spain
Only would only those in the community be able to invest in bonds? Otherwise big investors would invest in promising ideas. Who is in a community? Who is the community for a global operation?
I like the idea, but I think it’d be really hard to apply to things like tech or businesses with global infrastructure.
I’m not sure what you mean… This is already a thing that happens and is happening. You could choose who the bonds are available to if you want to avoid a corporation or single entity buying them all up. Or have rules around maximum % ownership, things like that.
In terms of worker-owned co-operatives, and all that, If you want to understand how something like this might work on a larger scale, look into Germany’s laws around employee ownership/participation, in corporations, as well as the Mondragon Corporation in Spain
Edit: Here’s a link about Germany: https://en.wikipedia.org/wiki/Codetermination_in_Germany