Jonathan D. Cope, Esq.

proud father to one autistic, and very brainy, transgender daughter, one heterosexual son, and one gay son

Olympia, Washington

#capitalism #law #fediverse
#lawfedi #legal #lawprofs #scotus
#economics

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npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq

NIP-05 Address

Cirdan_at_awscommunity.social@mostr.pub

Profile Code

nprofile1qqs9ahtrmlarahun5450rr8dae3ehw4kjr34xzn8d9uwrq9shgmshdqpz4mhxue69uhhyetvv9ujumt0wd68ytnsw43qq3c3e0

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relay.mostr.pub

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npub1tmwk8hl68m0e8ftg7xxwmmnrnwatdy8r2v9xw6tcuxqtpw3hpw6qvcqlpq

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Last Notes

2024-08-14 02:39:03

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@npub1qa5…gqz7
My dyslexia kicking in. I thought that said #FelonMusk.

2024-08-12 22:59:04

I think that it is important to publish to about Commons Capitalism. You can read about it here:
https://awscommunity.social/@Cirdan/112509414520700948
It's important because it starts a discussion about how to curb traditional capitalism, not only by reducing the amount of income producing property accumulation in the wealthy, but also, reducing the number of public corporations. In time, Commons Capitalism would reduce the amount political power traditional capitalism would have in government.
#capitalism

2024-08-05 13:46:01

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@npub14s3…pjsw
Here is a series of posts that address the exploitation problems caused by traditional capitalism:
https://awscommunity.social/@Cirdan/112899562827348442

2024-08-02 23:12:45

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@npub1l9v…yzxn
There isn't an exploitation of labour; the net profits are distributed the workers. How can that be "exploitation?" The resources can well be renewable or sustainable.

2024-08-02 22:35:49

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@npub1l9v…yzxn
Yes, they can. I've been down this road many, many times before. Read:
https://awscommunity.social/@Cirdan/112509414520700948

2024-07-17 06:01:28

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@npub16c6…np6h
We don't need to abolish capitalism, we only need to change the ownership of the means of production. No, thats not a Marxist or socialiist comment.

2024-06-24 03:28:30

https://cdn.masto.host/awscommunitysocial/media_attachments/files/112/669/471/822/283/669/original/0bd9dc6cd6816d5d.webp

2024-06-23 04:19:09

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@npub10nf…0km0
That's fine. If something better comes along great!

2024-06-23 03:55:03

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@npub10nf…0km0
This could all be done under current United States federal and state laws, in the current national and global markets, and with current financial markets.

2024-06-22 23:14:20

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@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.

2024-06-21 04:08:19

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@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.

2024-06-21 03:52:30

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@npub1l9s…seca
https://cdn.masto.host/awscommunitysocial/media_attachments/files/112/652/579/399/652/460/original/38660d6f77d68fd2.png

2024-06-19 23:18:30

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@npub1h3h…9hxt
I assume you are in Australia. Good luck with your revolution down there.

2024-06-19 23:16:37

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@npub1h3h…9hxt
No. That is not correct. Communal capitalism and Commons Capitalism do not. They promote a democratic process and equitable distribution of property.

2024-06-19 23:14:50

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@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.

2024-06-19 23:11:31

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@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.

2024-06-19 22:58:20

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@npub1h3h…9hxt
So your approach is what, revolution?

2024-06-19 15:27:06

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@npub1txm…xp6c
But for the grace of the gods, go I.

2024-06-19 15:06:14

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@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.

2024-06-15 23:57:59

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@npub1swn…c7ey
I loved it when Jack Welch's wife cleaned his clock in their divorce.

2024-06-14 16:22:18

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@npub18u7…d8up
I'm sure some did vote against him, but to no avail.

2024-06-14 01:37:42

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@npub1jup…77gr
The rationale must be like the Shaker religion that believes in celibacy. The right must believe they will increase membership with new members that will offset attribution caused by drinking tainted milk.

2024-06-14 01:19:10

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@npub1ztt…tvss
That's all the Court could have, and should have, done.

2024-06-07 10:03:41

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@npub1l89…6nlg
Regardless of your concern over the term "Commons Capitalism," what are your thoughts about the rest of the post?

2024-06-04 05:10:15

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You can learn about Commons Capitalism by reading a summary of it located at:
https://awscommunity.social/@Cirdan/112509414520700948
I'm looking for pro-capitalist criticism regarding all aspects of the concept.
2/2

2024-06-04 05:09:22

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

2024-06-03 06:05:44

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@npub17ha…t558
I understand. But I'm all ears. I'm being sincere. Lead in the direction to something, anything, that will supply 320,000,000 people. Be my tutor.

2024-06-02 11:40:36

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@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?"

2024-06-02 11:30:32

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@npub17rr…7wsy
People on the right call Commons Capitalism communism, Marxism, or Socialism and hate it. People on the left call it traditional capitalism and hate it. People in the middle call it just another workers' coop. They all dismiss it. All of them are wrong.

2024-06-02 11:15:39

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@npub17rr…7wsy
Nothing of the sort. If you want to familiarize yourself with Commons Capitalism, go to:
https://awscommunity.social/@Cirdan/112509414520700948

2024-06-02 11:08:50

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@npub17rr…7wsy
It doesn't fit the definition of socialism because the means of production are neither publicly owned nor used for the general public. Distribution is made to workers only, not to the public generally.

2024-06-02 05:51:42

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@npub1lnv…jwyn
This nation is not a banana republic because it is based on the rule of law. Trump was indicted and convicted because of the rule of law.

2024-06-02 04:55:06

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@npub17ss…76l0
Here's the link again:
https://awscommunity.social/@Cirdan/112509414520700948

2024-06-02 04:30:47

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@npub1x0r…shtn @npub17ss…76l0
When was that?

2024-06-02 04:29:50

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@npub17ss…76l0
It has no capitalist class. Stop guessing what it is! GO READ IT!

2024-06-02 04:28:17

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@npub17ss…76l0
We'll see.

2024-06-02 04:27:06

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@npub17ss…76l0
No, it's not socialism rebranded either. Go read it. I think you will appreciate its approach.

2024-06-02 04:25:09

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@npub17ss…76l0
I'll believe it when I see it.

2024-06-02 04:24:31

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@npub17ss…76l0
That's not what Commons Capitalism is about. The profits under Commons Capitalism are distributed to the workers, not to the rich. You really ought to read it.

2024-06-02 04:21:37

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@npub17ss…76l0
I agree with the first two-thirds of what you said, but I think that your solution and the rich's solution aren't the same.

2024-06-02 04:15:07

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@npub17ss…76l0
Oh, I certainly know all about those. I'm an avid reader about geology and climate change over the last 250,000,000 years.

2024-06-02 04:11:36

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@npub17ss…76l0
You may be right. I keep suggesting that the West is going to see another Bronze Age Collapse.

2024-06-02 04:10:14

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@npub17ss…76l0
I would surmise that those items will curtail.

2024-06-02 04:06:32

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@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

2024-06-02 04:03:52

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@npub17ss…76l0
I think that's great. But what are the rest of the workers in the country going to do. ESOPs are limited in effect and only pay out distributions of owners equity to a limited number of past owners.

2024-06-02 03:59:25

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@npub17ss…76l0
Rarely, will the rich do what is right. And, their definitions of what is "right" and "humane" I'm afraid are going to be different from our definitions.

2024-06-02 03:55:53

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@npub17ss…76l0
I know. But I'm wondering if there's a more subtle way of rearranging it.

2024-06-02 03:53:47

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@npub17ss…76l0
How can it be rearranged?

2024-06-02 03:52:29

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@npub17ss…76l0
But they have the assets, not the workers.

2024-06-02 03:51:54

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@npub17ss…76l0
I don't have the answer, but I suspect that the answer comes down to whatever arms length agreement they can reach.

2024-06-02 02:34:15

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Return to COMMONS CAPITALISM at:
https://awscommunity.social/@Cirdan/112509414520700948
6/6

2024-06-02 01:55:28

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Long-term Planning
Focusing on long-term goals and sustainable growth rather than short-term profits, which can lead to lasting success and profitability.
Diverse Revenue Streams
Acquiring multiple CCE subsidiaries to diversify revenue streams to reduce reliance on any single source of income, which can provide financial stability.
5/

2024-06-02 01:55:02

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Transparent Reporting
Maintaining comprehensive monitoring and transparency in financial reporting and business operations and building trust with each division within the CCE and all workers.
Innovation
Investing in research and development to innovate products and services that can open new markets and revenue streams, contrary to the criticism by capitalists against “socialist” programs.
4/

2024-06-02 01:54:32

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Sustainable Operations
Implementing sustainable practices that minimize environmental impact, such as reducing waste, recycling, and using renewable energy sources.
Community Engagement
Engaging with the local community through philanthropy and working with other CCEs to assist worker placement through those CCEs.
3/

2024-06-02 01:53:42

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Each CCE not-for-profit corporation could adopt various strategies to make a net profit while maintaining a conscionable approach to management without the pressure of maximizing shareholder value. Here are some ways to achieve this:
Ethical Business Practices
Prioritizing ethical standards in all operations. This includes fair labor practices, sourcing materials responsibly, and ensuring the rights and well-being of past and present workers.
2/

2024-06-02 01:53:21

ETHICS AND THE CCE PUBLIC BENEFIT CORPORATION
A CCE would be formed to operate as a public benefit corporation, organized for a public purpose and operated in a responsible and sustainable manner. The public purpose would include creating higher paying jobs with better social benefits for workers as a class. A CCE benefits from having no shareholders demanding the highest net profits and modern state legislation allowing dynamic corporate formation and management structure.
1/

2024-05-31 05:39:51

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The largest impediment to the adoption and implementation of Commons Capitalism the lack of public education and awareness. So, please repost the link to Commons Capitalism at:
https://awscommunity.social/@Cirdan/112509414520700948
You may also use the link to return to Commons Capitalism.
8/8

2024-05-31 05:39:27

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Transitioning from traditional capitalism to Commons Capitalism may disrupt established power structures and lead to resistance from wealthy capitalists and socialist idealogues. Accepting Commons Capitalism also involves intellectual effort and emotional adjustment which some capitalists, socialists, economists, lawyers, and business managers may find uncomfortable.
7/8

2024-05-31 05:39:09

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Commons Capitalism appears to represent uncharted territory; however, solace can be found in studying traditional communal capitalism which operates similarly to Commons Capitalism to accomplish the same objectives, e.g., raising the standard of living in communities through payment higher wages and social benefits to workers, raising people out of poverty, and reducing the concentration of the means of production in private ownership.
6/8

2024-05-31 05:38:39

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Professionals on either side will discount it because nobody has previously advanced the concept of Commons Capitalism; so, it must not be a viable concept. However, the concept of Commons Capitalism has been possible only within the last forty years because of the changes in state legislation and empirical research in recent economics.
5/8

2024-05-31 05:38:11

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Consequently, capitalists claim that Commons Capitalism embraces Communism, Marxism, and socialism while socialists assert it will destroy the environment and cause societal collapse simply because it’s capitalism. Neither capitalists, nor socialists, will embrace Commons Capitalism for fear of being ostracized by their respective tribes of believers.
4/8

2024-05-31 05:36:57

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Commons Capitalism is a readily implementable concept, that complies with all state and federal laws and is an economically sound and sustainable economic system. However, Commons Capitalism suffers the same fate as all paradigm shifts, the inhibition of people to accept and implement a new concept.
2/8

2024-05-31 05:36:35

ACCEPTING A CAPITALISM PARADIGM SHIFT
Commons Capitalism is a theory that employs the use of Commons Capital Entities to conceivably reverse the problems created by traditional capitalism, i.e., ownership of the means of production by individuals, through raising the standard of living for millions of workers and their families and reducing the ownership of property in individuals.
1/8

2024-05-30 03:50:07

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The Seller would not be required to gift or donate to the CCE because the target company would be purchased as an arm’s length transaction. This is the most straightforward example of how a CCE could be financed. The most possible scenario would be that the Seller would be a benefactor of the CCE to the extent of giving owner financing to the CCE for the purchase. However, the Seller-Benefactor would not be out any costs on the acquisition by the CCE.
4/5

2024-05-30 03:49:44

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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

2024-05-30 03:49:11

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It, also, would be sufficiently funded to start acquiring new businesses or funding a new CCE. Most likely, it would acquire a second company before starting a new CCE. This would allow the CCE corporation to benefit from combined corporate operations for serving the two subsidiaries while increasing its liquidity for starting a new CCE.
2/5

2024-05-30 03:48:26

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/

2024-05-29 21:49:52

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@npub10nf…0km0
You're conflating Capitalism with Traditional Capitalism. What you state doesn't apply to communal capitalism or Commons Capitalism.

2024-05-29 21:10:17

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@npub10nf…0km0
You have my answer to all those questions.

2024-05-29 02:35:06

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@npub1m3y…lm5r
I only use Copilot to search for primary sources. Once I find the primary sources, I read them.

2024-05-29 01:50:17

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@npub1zva…e2q5
I'm sure killer robot dogs are as fully functional as Musk's 100% fully functional hands-free driving. I would suspect that killer robot dogs are as accurate as using bio-warfare on an enemy.

2024-05-29 01:11:40

If anybody wants to read about Commons Capitalism, an economic system that can replace traditional capitalism and correct many of the problems created over the last 400 years by traditional capitalism, go to
https://awscommunity.social/@Cirdan/112509414520700948
I'm taking a respite from Commons Capitalism for awhile.
#capitalism #socialism

2024-05-28 02:09:21

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The membership of workers’ cooperatives is often limited because a person must make a financial contribution to the cooperative to become a member/owner. Consequently, a lot of the workers for a workers’ cooperative are merely employees and not owners/members. All workers of a CCE are employees and are not required to make any financial commitments to the CCE.
4/5

2024-05-28 02:08:22

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Worker-owners of a cooperative often manage the day-to-day operations through various management structures. Day-to-day management of the CCE is performed by business professionals, although managers may be hired from within the CCE. In a CCE, workers have a veto power over the personnel matters and the alienation of property.
3/5

2024-05-28 02:07:44

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The workers of a cooperative have representation on, and vote, for the board of directors, adhering to the principle of one worker, one vote. In a CCE, workers vote for two members of a five-director board of directors, namely, the director representing the division governing the payment of social benefits and the director representing the division governing the payment of retirement and disability benefits.
2/

2024-05-28 02:06:59

CCEs DISTINQUISHED FROM WORKERS’ COOPERATIVES
A CCE is not a workers’ cooperative. A workers’ cooperative is an entity that is owned and controlled by its members, operates for their financial benefit, and is often based on the workers’ labor contribution to the cooperative. A CCE is an entity that is not owned by anyone and is controlled by a board of directors that operates the CCE for the benefit of certain disparate groups.
1/

2024-05-28 01:35:19

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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.
Return to COMMONS CAPITALISM at:
https://awscommunity.social/@Cirdan/112509414520700948
5/5

2024-05-28 01:17:47

Although Commons Capitalism is not socialism, Commons Capitalism may cause some results that are convergent with the goals of socialism, i.e., spreading wealth within a community and reducing the concentration of wealth in individuals, raising the standard of living within each community, and raising people out of poverty.
5/

2024-05-28 01:17:27

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The veto prevents management from building fiefdoms within the CCE structure.
Holding of The Means of Production
In Commons Capitalism, the means of production are not held publicly, nor privately for the benefit of individuals. The means of production are held privately by the CCE corporation to be distributed to workers as wages and social benefits, but not distributed for the benefit of the public welfare.
4/

2024-05-28 01:17:02

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It does not embrace egalitarianism, equality, or democracy since those positions can be counter-productive to the mission of each CCE to participate competitively in a market economy and to distribute competitive wages and social benefits to workers. However, workers elect two of the five working directors of the CCE corporation. Additionally, workers have veto power over management supervision of personnel and alienation of property.
3/

2024-05-28 01:16:41

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Traditional capitalism is ubiquitous. We live, breathe, and think in terms of traditional capitalism and its attendant premise that property must be individually owned. We have to be more like the inhabitants of Ixtlán stating, “In this community [individually owned] private property does not exist.”
Egalitarianism, Equality, and Democracy
Commons Capitalism advocates fair and equitable distribution of net profits to workers.
2/

2024-05-28 01:11:50

OBSERVATIONS ABOUT COMMONS CAPITALISM
Understanding Commons Capitalism
One caveat is imperative to understanding Commons Capitalism. It is a concept that's initially hard to conceive because, for four hundred years "traditional capitalism", i.e., individuals owning the means of production, was conflated with the term "capitalism." We think all capitalism must have a component of individual ownership attached to it.
1/

2024-05-28 01:06:29

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To read further about Commons Capitalism,
Go to the ORIGIN OF TRADITIONAL CAPITALISM at: https://awscommunity.social/@Cirdan/112509573792558020
Go to the COMMONS CAPITALISM ENTITY (CCE) at: https://awscommunity.social/@Cirdan/112510576290972536
Go To FORMATION AND OPERATION OF A CCE at: https://awscommunity.social/@Cirdan/11

2024-05-28 00:53:00

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Go to the ORIGIN OF TRADITIONAL CAPITALISM at: https://awscommunity.social/@Cirdan/112509573792558020
Go to the COMMONS CAPITALISM ENTITY (CCE) at: https://awscommunity.social/@Cirdan/112510576290972536
Go To FORMATION AND OPERATION OF A CCE at: https://awscommunity.social/@Cirdan/11

2024-05-28 00:38:22

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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.

2024-05-27 18:51:36

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@npub17ss…76l0
Great art!

2024-05-27 18:48:42

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@npub1sdk…0kgj
Here's a book you should read:
Stout, Lynn A., "The Shareholder Value Myth" (2013). Cornell Law Faculty Publications.

2024-05-27 05:09:14

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2024-05-27 05:08:57

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The corporation, also, may need a dynamic management system with tremendous directorship flexibility. The reasons are two-fold. Each of the disparate groups has competing financial interests and, therefore, management conflicts, and the corporation must be prepared to weather the internal and external vagaries of business. Fortunately, twenty-one of those forty-four states allow not-for-profit corporations to have such dynamic and flexible directorships.
/3

2024-05-27 05:08:30

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The formation of the for-profit subsidiary is straightforward; it will be a wholly owned subsidiary of the corporation and can be formed as a corporation or limited liability company under the laws of all fifty states.
However, the corporation must be formed, minimally, as a not-for-profit so that it has no shareholders or members. Not-for-profit corporations can be formed in any of forty-four states without shareholders or members.
2/

2024-05-27 05:08:01

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/

2024-05-27 02:15:20

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In the day-to-day management of the corporation and the subsidiary, workers’ representatives would have a veto power over management’s personnel and alienation of property decisions. The veto power would extend vertically through all management levels from the subsidiary through the corporation.
6/6

2024-05-27 02:14:52

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The fourth director would be elected by the retired and disabled workers of both the corporation and the subsidiary. The fifth director for the acquisition division would be elected by the remaining directors. The profit corporation may have one or more independent directors.
5/6

2024-05-27 02:13:02

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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

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The net profits earned by the subsidiary would be distributed to five disparate groups of the CCE, namely, the corporation division for its operations, the subsidiary division for it operations, a pension division to pay benefits to retired and disabled employees, a benefits division to pay benefits to current employees, and an acquisition division to acquire traditional companies or create new CCEs.
3/6

2024-05-27 01:59:33

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A CCE consists of a non-for-profit profit corporation (corporation) that has no shareholders combined with a wholly owned for-profit subsidiary (subsidiary). The corporation may own more than one subsidiary. Each CCE would hold the means of production (and the earned surplus) as a "commons."
2/6

2024-05-27 01:59:10

COMMONS CAPITALISM ENTITY
Commons Capitalism would use Commons Capitalism Entities (CCEs) to distribute premium wages and social benefits to workers and to compete against traditional capitalist entities. Also, CCEs would create new CCEs. Both the original CCE and new CCEs acquire traditional business entities to bring those workers under the CCE umbrella and pay the new workers premium wages and social benefits.
1/6