Leo Sammallahti is a user on social.coop. You can follow them or interact with them if you have an account anywhere in the fediverse.

Leo Sammallahti @LeoSammallahti@social.coop

"More U.S. Businesses are Becoming : Here’s Why" in :

"And with millions of baby boomer-owned businesses set to change hands in the upcoming decades, this transition could be an opportunity to create more democratic workplaces across the country–if business owners, workers, and advocates can work together to convert these enterprises into ."

fastcompany.com/40572926/more-

I'm involved in a platform cooperative replacement on Reddit. We are considering changing the font.

Any fonts people here would recommend?

We gonna have users vote on which font they will prefer and use the one that received most votes.

Lack of working-class Labour MPs has 'alienated voters'.

Study finds working class people are more likely to vote Labour when party contains MPs with backgrounds similar to their own.

The fact that 37% of Labour MPs came from a manual occupational background in 1964 but just 7% did in 2015 had harmed the party’s image among its traditional voters, he added.

theguardian.com/politics/2016/

There's going on all the time that are easy to miss. Too often media focuses on single dramatic events. Humans are naturally more risk averse than opportunity seeking. But we are also more opportunity seeking than any other species ever.

Gonna try to find and share more here.

social.coop/media/50yi9ExQkQap

Really touching documentary about the Appalachia mountains.

It has always been one of the poorest places in America and was the last to be provided with electricity. Electricity cooperatives played a key part in that.

This ex-coal area has some of the highest rates of drug abuse, homelessness, poverty and many other social ills. Yet on the per capita basis they have sacrificed more lives than any other area in fighting for America in wars.

youtube.com/watch?v=bVkCDZ4RUI

While aim to operated on a purely basis, many co-op statutes allow for paying a limited capital return (in Vermont, up to 6%, with no member allowed to own more than 10% of the equity) on the common shares.

What are folks' thoughts on using that mechanism for start-up funding, as opposed to member loan campaigns or preferred share offerings?

SMart freelancer coops greatest success was making guaranteed payments to laid-off cycle couriers of a gig-platform that went bust. They made huge economic losses at first, but it was excellent marketing and the benefits of new members joining outweighted the losses.

Perhaps US credit union tax benefits are removed, and many credit unions will want to demutualise. But if members are given a vote on the demutualisaton, opposition to it might lead to revitalization of credit union democracy.

@samtoland

Hey Sam, I'll be in London 15th-19th and will attend the Unfound event there at 15th.

If you're not busy we could meet?

I don't have anything to offer but thoughts and enthusiasm about cooperatives, so don't cancel anything more productive for my sake :), but it would be awesome to go for a coffee/pint!

Would love to meet anyone else whos around the area too to chat about coops, politics, etc.!

It'll be pretty awesome if becomes a globally distributed co-op hive-mind.

That new feature in wikipedia where you can hover a link and see preview is so cool!

And it took years to code. I read an article on HN last week by some devs (who also need to eat).

I just splurged a 10CAD donation in appreciation.

If you can, you could do it too. We all use it pretty much...

donate.wikimedia.org/w/index.p

@mattcropp It's been really awesome to read about @SocialCoop and all the wonderful energy and experience that has been put into this community already. I really appreciate all your contributions and dedication. I'm looking forward to being involved while spreading the word and helping others along the way. 🌲🌊

Had my second meeting with a local media outlet whose founders are considering a as their exit plan! Both, who own 85% of the company, now seem actively interested in the idea. Next step is to convince the three younger managers, who each own 5%... :)

Here's an attempt to articulate the connection between land value and commons.

Public effort that benefits an individual.
- Publicly funded train station is built and it increases value of a near-by piece of land without any effort by the landowner.

Individual effort that benefits the public.
- A programmer contributes to FOSS, someone writes an article to Wikipedia.

Have a land value tax to publicly fund FOSS.

Does this make sense? Ideas, thoughts or alternative/better articulations?

Wrote a new blog post: how to build companies that are a force for good in society: Hint: it has to do with incentives, ownership, and company structure medium.com/bettersharing/how-t

Hello! I really like my feed: I learn lots of new things about #infosec, #crypto, #coops and #opensource.

However I'm missing some things--can you help me find them?

I want to talk more about people, working with them, their limitations and potential. I want to talk about #governance, #facilitation, #voting, #cognitivebiases and other concrete things that can be tried (and falsified) in #groups.

Let me know if you're interested, or boost if you think you have followers who are interested.

😀

OPEN 2018 conference, will focus on 3 themes:

The showcase will present examples from functioning platform co-ops

The Collaborative & Peer to Peer tech sessions will feature presentations on alternative digital currencies, open source tools and technology and the development of the new platforms and protocols

Discussions on the changing narrative will explore the co-op vision and the evolving politics and philosophy of a world of abundance

2018.open.coop/

@LeoSammallahti Many limited equity co-ops have powerful demutualization controls. E.g. they use public land and a long term ground lease that prohibits this kind of thing. Purpose trust ownership is another way to implement this kind of usufructory stewardship ownership within a completely private context: purpose-economy.org/en/blog/ar

Limited equity housing coop allows you to buy a cheap apartment on the condition that you sell it cheap.

In Norway the residents turned from left to right in elections to get rid of regulations that banned selling their housing coop share for an increasing market price.

Most of the increased value was due to location of the land, an unearned increment not caused by landowners actions but by community around it.

If we would tax the value of the land, would it help limited equity housing coops?