Thread: Occupy Wall Street around the world.... Your thoughts and feelings about it!

Originally Posted by Seraph

There is something that people can do at a personal level, start an employee owned company. This allows you to make something like a firewall between you and the various predatory forces in the economy. Similar idea is a coop. but corporation gives you more flexibility. You can create company that has part of it's activity to provide services to members at reduced rates, by using buying power, bargaining power of bulk buying, &/or larger scale financing (lower rates). In other words, you can create company to do the things for your members that good government should be doing, but won't. If you have it together, you can start your own credit union or small bank, where legislation allows it. Think laterally.

To do so, they'd have to bring some money into it, but they don't have any, because they are not able/don't want/haven't gotten used at all to make it. Who are you telling this to?

Originally Posted by Seraph

There is something that people can do at a personal level, start an employee owned company

This will make you a capitalist Really, you will start thinking in a completely different way. After some time you'll find out that all your employees are nothing more than a bunch of whiners who try to avoid any work. You'll start your race for higher profits. That's a sad fact. Money spoils people. No one is immune, unfortunately.

Originally Posted by Ramil

This will make you a capitalist Really, you will start thinking in a completely different way. After some time you'll find out that all your employees are nothing more than a bunch of whiners who try to avoid any work. You'll start your race for higher profits. That's a sad fact. Money spoils people. No one is immune, unfortunately.

Could you please clarify how racing for profits is "spoiled"?

Originally Posted by Eric C.

Could you please clarify how racing for profits is "spoiled"?

It can very well be this way if profits become your only goal. If the means would start justifying the ends in this race. If (rephrasing Marx) you'll be ready to commit any crime for the sake of 300% profit. This is what I call 'spoiled perception'. Money is not everything, and there are really things left in this world that money cannot buy.

Originally Posted by Ramil

It can very well be this way if profits become your only goal. If the means would start justifying the ends in this race. If (rephrasing Marx) you'll be ready to commit any crime for the sake of 300% profit. This is what I call 'spoiled perception'. Money is not everything, and there are really things left in this world that money cannot buy.

Now would you be so kind to describe what you mean by "crime"? Is that what laws consider as a crime or something else? If the former, I hope you do understand the "crime sets" by the laws are almost the same in each more or less civilized country. And my answer in this case will be no, I'm not going to commit any crime either for any profit or anything else. Again, if you mean the latter, could you explain what?

OWS falls for the money? A Chill Descends On Occupy Wall Street By Fritz Tucker

Originally Posted by Seraph

OWS falls for the money? A Chill Descends On Occupy Wall Street By Fritz Tucker

That's funny.

I have been involved in start ups before. The cost for do-it your self is small. Who am I telling this to? (To whom am I telling this?) People with initiative and drive, that are not self defeating. Information is free. It's up to you.

Originally Posted by Seraph

I have been involved in start ups before. The cost for do-it your self is small. Who am I telling this to? (To whom am I telling this?) People with initiative and drive, that are not self defeating. Information is free. It's up to you.

They can use the $500,000 that they can't decide how to divvy up

http://countercurrents.org/tucker041111.htm




Scott

Originally Posted by fortheether

They can use the $500,000 that they can't decide how to divvy up

http://countercurrents.org/tucker041111.htm




Scott

Then they'll have to give it up. But is this what they really want? =)

Originally Posted by Eric C.

Then they'll have to give it up. But is this what they really want? =)

I have no clue what they want. If anyone does please share it.

Scott

Ramil, my experience in companies gives me a different perspective. Companies can be started with very different founding principles. There is really no limitation on the founding principles, as long as they are legal. You could even start a company with anarchic principles included in the memorandum of agreement. The distinguishing feature of companies is the concept of limited liability. It is this feature that allows for the protection of members, and this is why I said it could allow people to create something like a 'firewall' between them and predatory forces. Corporations can be very practical solutions to problems. No over-reaching profit motive is needed, nor mandated. There is no requirement that corporations make any money. Usually a company would want to make something to pay operating expenses, but companies can be carried by the principals for years without any profit at all.

The most important things include clear decisions about what the members want the company to do, and the principles on which it is to be founded and operated, conflict resolution mechanisms, and some other things. You can get together with other like minded people and decide, or make one with just one person.

The real central point of a corporation is the concept of limited liability. It is because of this that some people buy property through a self owned company, to protect other assets from possible liabilities arising from the property. But you can make a company that does not own any significant property, and is simply used for purchasing and distribution, or just about anything you can think of, as long as it's legal. In this regard, companies can do things that ordinary people cannot, simply because a wide range of suppliers will only deal with companies/corporate clients.

Ceiling unlimited.

Originally Posted by Seraph

Ramil, my experience in companies gives me a different perspective. Companies can be started with very different founding principles. There is really no limitation on the founding principles, as long as they are legal. You could even start a company with anarchic principles included in the memorandum of agreement. The distinguishing feature of companies is the concept of limited liability. It is this feature that allows for the protection of members, and this is why I said it could allow people to create something like a 'firewall' between them and predatory forces. Corporations can be very practical solutions to problems. No over-reaching profit motive is needed, nor mandated. There is no requirement that corporations make any money. Usually a company would want to make something to pay operating expenses, but companies can be carried by the principals for years without any profit at all.

The most important things include clear decisions about what the members want the company to do, and the principles on which it is to be founded and operated, conflict resolution mechanisms, and some other things. You can get together with other like minded people and decide, or make one with just one person.

The real central point of a corporation is the concept of limited liability. It is because of this that some people buy property through a self owned company, to protect other assets from possible liabilities arising from the property. But you can make a company that does not own any significant property, and is simply used for purchasing and distribution, or just about anything you can think of, as long as it's legal. In this regard, companies can do things that ordinary people cannot, simply because a wide range of suppliers will only deal with companies/corporate clients.

Ceiling unlimited.

So, how many such companies have you been running? How much have you managed to achieve so far in terms of your understanding what companies should stand for?

You sound as if we're living in two different worlds. I can imagine that you've witnessed such people, committed enough to the idea of protecting people from predatory capitalism that they were willing to invest their money and efforts into something without aiming at making more money, but I've never seen such an enthusiasm.
In order to think so, one should have enough money for satisfying all his primary needs (food, shelter, clothing) and not worry about them being in place in the future. But once a person reaches this level, greed take over. Well, perhaps, in America people are more altruistic in nature, I don't know. Here, in Russia, I've never seen anything like that. Oh, I heard some talks of it, but never seen any action that was pure and didn't have any hidden goal (like tax extemptions or things like that).
Well, then again, perhaps I'm too pessimistic about humans.

Originally Posted by Ramil

You sound as if we're living in two different worlds. I can imagine that you've witnessed such people, committed enough to the idea of protecting people from predatory capitalism that they were willing to invest their money and efforts into something without aiming at making more money, but I've never seen such an enthusiasm.
In order to think so, one should have enough money for satisfying all his primary needs (food, shelter, clothing) and not worry about them being in place in the future. But once a person reaches this level, greed take over. Well, perhaps, in America people are more altruistic in nature, I don't know. Here, in Russia, I've never seen anything like that. Oh, I heard some talks of it, but never seen any action that was pure and didn't have any hidden goal (like tax extemptions or things like that).
Well, then again, perhaps I'm too pessimistic about humans.

I'm realistic and understand no one is going to sacrifice their goals for someone else (with some very rare exceptions). It's the way we live on this planet and it's remaining this way as long as humanity exists. If you are pessimistic about it, you're gonna be pessimistic for the rest of your life.

Originally Posted by Ramil

You sound as if we're living in two different worlds. I can imagine that you've witnessed such people, committed enough to the idea of protecting people from predatory capitalism that they were willing to invest their money and efforts into something without aiming at making more money, but I've never seen such an enthusiasm.
In order to think so, one should have enough money for satisfying all his primary needs (food, shelter, clothing) and not worry about them being in place in the future. But once a person reaches this level, greed take over. Well, perhaps, in America people are more altruistic in nature, I don't know. Here, in Russia, I've never seen anything like that. Oh, I heard some talks of it, but never seen any action that was pure and didn't have any hidden goal (like tax extemptions or things like that).
Well, then again, perhaps I'm too pessimistic about humans.

Please read.
History of the cooperative movement - Wikipedia, the free encyclopedia.
.
Cooperative - Wikipedia, the free encyclopedia.

Corporations are also able to do these things, without requiring great amounts of capital. If you get involved in these things, you'll find out where the capital drains are, and how to avoid them. For example, self incorporation allows people to start up without lawyers fees. And where business licenses are required and where they are not, and for what purposes.

Originally Posted by Ramil

... Money is not a bad thing by itself, it just enables some bad people to do bad things. Greed is sin. Remember?

P.S. by the way, limited liability companies are the perfect instrument for avoiding liability (and quite frequently - responsibility). Yes, it works both ways - very flexible.

No, limited liability corporations are not vehicles for avoiding responsibility.

Originally Posted by Seraph

Please read.
History of the cooperative movement - Wikipedia, the free encyclopedia.
.
Cooperative - Wikipedia, the free encyclopedia.

Your point?

Originally Posted by Seraph

Corporations are also able to do these things, without requiring great amounts of capital.

My friend, there is a huge difference between being able to and actually doing.

Originally Posted by Seraph

No, limited liability corporations are not vehicles for avoiding responsibility.

orly-owl.jpg

Originally Posted by Ramil

Your point? My friend, there is a huge difference between being able to and actually doing.

I have seen it. Some of it in these things, co-ops, some in LLCs. These were small things, nothing like the big corporations that some people are complaining about, like BP or GS and the like.

Please read
Gesellschaft mit beschränkter Haftung - Wikipedia, the free encyclopedia.
.
Limited liability company - Wikipedia, the free encyclopedia.

Limited liability corporations stand for what ever the principals want them to stand for. Start one then you will see for your self the inside of the process. What they can be about is just about anything you can imagine, as long as it is legal.

Originally Posted by Seraph

Please read
Gesellschaft mit beschränkter Haftung - Wikipedia, the free encyclopedia.
.
Limited liability company - Wikipedia, the free encyclopedia.

Limited liability corporations stand for what ever the principals want them to stand for. Start one then you will see for your self the inside of the process and what they are really about.

I will. But for now I think I should restate my question so that you understand what I was asking, "how much have YOU achieved on your way running such companies?"