MrMakabar
@MrMakabar@slrpnk.net
- Comment on Why don’t more people start profit-sharing companies or co-ops? 4 weeks ago:
Customer and member are not the same thing. A member owns a share of the business and has a vote, with cooperatives having one vote per member. That makes it different to company stock. For consumer cooperative like credit unions, most customers will own a share in the company, but it is not a requirement. For example when you withdraw money from a credit unions ATM, you are a customer of the credit union, but are not necessarily a member. There also are workers cooperatives, where the workers of the company are the members.
Also cooperatives are meant to benefit their members, which makes them different from charities.
- Comment on Why don’t more people start profit-sharing companies or co-ops? 4 weeks ago:
Credit unions are a type of cooperative bank. The key is that anybody who opens a bank account becomes a member automatically. That is not the case for other types of cooperative banks.
- Comment on Why don’t more people start profit-sharing companies or co-ops? 4 weeks ago:
American banks offering credit card have the highest profit margin of ANY US industry. In most other countries cash is still king. Hence credit unions in those countries need to charge fees and offer worse services.
- Comment on Women in STEM 3 months ago:
At first the committee had intended to honour only Pierre Curie and Henri Becquerel, but a committee member and advocate for women scientists, Swedish mathematician Magnus Gösta Mittag-Leffler, alerted Pierre to the situation, and after his complaint, Marie’s name was added to the nomination. Marie Curie was the first woman to be awarded a Nobel Prize.
- Comment on Meatspin 3 months ago:
Exactly you can use the railing to hang on the outside. Greater speed and much more fun.
- Comment on Seriously, what the f*** is keeping Donald Trump in this presidential race? 3 months ago:
No
- Comment on My new company let me join the union on my first day, within their onboarding app 4 months ago:
Seriously in Europe many investment funds activly go to the unions and ask which problems the company have. They are often better informed and honest then the normal management. They also have an obvious intresst in keeping the company around.
- Submitted 7 months ago to selfhosting@slrpnk.net | 5 comments