aspiringwiseguy.bsky.social
@aspiringwiseguy.bsky.social
Pinned
I've created a Substack. The goal is to explore ideas surrounding decision making. I will review books about such and opine on what I read. In my first article, I talk about ownership structure with chat gpt. It's sort of long :P.

open.substack.com/pub/aspiring...
ChatGPT Helps Me With The Revolution
They're very encouraging.
open.substack.com
Reposted
Research shows that worker-owned businesses tend to be more productive, grow faster, offer greater employment stability, survive longer, and employ happier workers than non-worker-owned companies.

Billionaires are middlemen. Workers are capable of owning and managing economic organization.
Employee Ownership and Economic Well-Being: A Research Project of the National Center for Employee Ownership
Employee-owners in this sample have more wealth, income, job stability, and working conditions than non-employee-owner.
www.ownershipeconomy.org
August 19, 2025 at 10:07 PM
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Are you searching for an alternative to shareholder capitalism? Don't believe the people who say there isn't one.

Cooperatives provide a sustainable, democratic, and equitable business model where stakeholders such as workers and customers participate in decisions and benefit from ownership.
Cooperatives Build a Better World - NCBA CLUSA
Building stability, resilience and opportunity in 2025 Join us in celebrating the Year of Cooperatives! With co-ops in the spotlight […]
ncbaclusa.coop
August 29, 2025 at 8:20 PM
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Wealth inequality in the United States has increased substantially since 1989.

As of Q1 2025, the top 0.1% own more than five times as much wealth as the bottom 50%.

In 1989, the bottom 50% held 3.5% of total wealth. In 2025, they hold just 2.5%.
August 29, 2025 at 9:41 PM
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Happy Labor Day. Workers are the foundation of the economy. There is no wealth creation without labor.

Feel free to follow and support the worker-owned cooperatives here on Bluesky. As democratic organizations, they contribute to a more equitable and inclusive society for everyone.
September 1, 2025 at 8:30 PM
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More businesses are looking to alternative models to preserve their community focus and identity. Instead of being shut down or sold to corporate entities that only care for profit, businesses can be owned by their workers and community members to equitably distribute economic power and wealth.
Sankofa Is Trying to Ensure It Remains A D.C. Fixture
Plans are underway to expand the business and transform the bookstore into a worker-community-owned cooperative.
51st.news
August 2, 2025 at 10:38 PM
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A 2016 metastudy of 102 samples representing 56,984 firms finds that employee ownership is positively associated with productivity.

These findings align with a growing body of research showing that businesses owned by their workers tend to be more productive than other companies.
Employee ownership and firm performance: a meta‐analysis
Employee ownership has been an area of significant practitioner and academic interest for the past four decades. Yet, empirical results on the relationship between employee ownership and firm perform....
onlinelibrary.wiley.com
July 26, 2025 at 7:51 PM
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To the folks who insist worker ownership isn't compatible with "human nature"—we have empirical research over decades that shows the exact opposite. Worker ownership and participation are linked to increases in satisfaction and productivity. Psychological ownership is a real, studied phenomenon.
The Case for Employee Ownership - CLEO
The case for employee ownership is undisputed. As philanthropists and government leaders grapple with how to address both long-entrenched and newly-emerging forms of economic insecurity, there is no b...
cleo.rutgers.edu
July 20, 2025 at 8:13 PM
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Private equity is growing faster than the U.S. economy.

𝘐𝘯 2000, 𝘱𝘳𝘪𝘷𝘢𝘵𝘦-𝘦𝘲𝘶𝘪𝘵𝘺 𝘧𝘪𝘳𝘮𝘴 𝘮𝘢𝘯𝘢𝘨𝘦𝘥 𝘢𝘣𝘰𝘶𝘵 4 𝘱𝘦𝘳𝘤𝘦𝘯𝘵 𝘰𝘧 𝘵𝘰𝘵𝘢𝘭 𝘜.𝘚. 𝘤𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘦 𝘦𝘲𝘶𝘪𝘵𝘺. 𝘉𝘺 2021, 𝘵𝘩𝘢𝘵 𝘯𝘶𝘮𝘣𝘦𝘳 𝘸𝘢𝘴 𝘤𝘭𝘰𝘴𝘦𝘳 𝘵𝘰 20 𝘱𝘦𝘳𝘤𝘦𝘯𝘵. 𝘐𝘯 𝘰𝘵𝘩𝘦𝘳 𝘸𝘰𝘳𝘥𝘴, 𝘱𝘳𝘪𝘷𝘢𝘵𝘦 𝘦𝘲𝘶𝘪𝘵𝘺 𝘩𝘢𝘴 𝘣𝘦𝘦𝘯 𝘨𝘳𝘰𝘸𝘪𝘯𝘨 𝘯𝘦𝘢𝘳𝘭𝘺 𝘧𝘪𝘷𝘦 𝘵𝘪𝘮𝘦𝘴 𝘧𝘢𝘴𝘵𝘦𝘳 𝘵𝘩𝘢𝘯 𝘵𝘩𝘦 𝘜.𝘚. 𝘦𝘤𝘰𝘯𝘰𝘮𝘺 𝘢𝘴 𝘢 𝘸𝘩𝘰𝘭𝘦.
The Secretive Industry Devouring the U.S. Economy
Private equity has made one-fifth of the market effectively invisible to investors, the media, and regulators.
www.theatlantic.com
July 8, 2025 at 9:27 PM
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Worker ownership is fostering inclusive prosperity.

Companies (like ESOPs) where workers own shares paid out over $150 billion to millions of workers in 2022.

More worker ownership means more equality in wealth and power, which is mandatory for genuine democracy.
Employee Ownership by the Numbers
There are over 6,300 companies with an employee stock ownership plan (ESOP) in the US. Collectively these plans hold over $1.8 trillion in assets.
www.nceo.org
July 15, 2025 at 10:16 PM
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There are viable alternatives to capitalism. Cooperative and participatory economics emphasize democratic decision-making, self-management, and social ownership for the common good. The profit motive is left behind in favor of a society where wealth is shared and no one is left behind.
A Participatory Economy: a post-capitalist model
YouTube video by Participatory Economy Project
youtu.be
June 22, 2025 at 11:16 PM
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The solar industry has grown substantially in recent years, leading to large increases in the industry's workforce. Many of these jobs entail long hours and low pay.

Worker ownership is a pathway to something better. More equitable pay, improved conditions, and a say in how things are done.
How worker-ownership helped California Solar create good jobs - High Country News
For small solar companies, cooperative structures can build resiliency, wealth and worker power.
www.hcn.org
July 1, 2025 at 10:34 PM
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Let's support the growing worker-owned media ecosystem. This includes the new publication @autonomynews.co, which is owned and run by journalists. This model for media is how we revolutionize the ways in which news is constructed and consumed in our society for the better. No billionaires.
Hello world! We are Autonomy News, a new worker-owned reproductive justice news outlet cofounded by @garnethenderson.com and @susanrinkunas.com.

Our reporting will never be paywalled, and you can support our work with a subscription to keep it free for everyone.
Welcome to Autonomy News
Welcome to Autonomy News, a new publication created and owned by two reproductive rights and justice journalists. We write about bodily autonomy and the attacks levied by politicians and activists wh...
www.autonomynews.co
July 6, 2025 at 9:20 PM
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This is a great starter pack of worker-owned media cooperatives!
July 11, 2025 at 11:23 PM
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Join me in supporting Coyote Media Collective, a new worker-owned publication stacked with some of the most talented writers in the bay area and launching later this summer. Cannot wait to read this.
Launch Coyote Media Collective
A new alt-weekly-style publication is hitting the Bay Area
givebutter.com
June 16, 2025 at 2:13 PM
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𝘛𝘩𝘦 𝘢𝘷𝘦𝘳𝘢𝘨𝘦 𝘱𝘢𝘺 𝘳𝘢𝘵𝘪𝘰 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘵𝘩𝘦 𝘭𝘰𝘸𝘦𝘴𝘵 𝘢𝘯𝘥 𝘵𝘩𝘦 𝘩𝘪𝘨𝘩𝘦𝘴𝘵-𝘱𝘢𝘪𝘥 𝘦𝘮𝘱𝘭𝘰𝘺𝘦𝘦𝘴 𝘢𝘵 𝘢 𝘸𝘰𝘳𝘬𝘦𝘳 𝘤𝘰-𝘰𝘱 𝘪𝘴 2:1—𝘢 𝘴𝘵𝘢𝘳𝘬 𝘤𝘰𝘯𝘵𝘳𝘢𝘴𝘵 𝘤𝘰𝘮𝘱𝘢𝘳𝘦𝘥 𝘵𝘰 𝘵𝘩𝘦 𝘊𝘌𝘖-𝘵𝘰-𝘸𝘰𝘳𝘬𝘦𝘳 𝘱𝘢𝘺 𝘳𝘢𝘵𝘪𝘰 𝘰𝘧 300:1 𝘢𝘵 𝘵𝘩𝘦 𝘢𝘷𝘦𝘳𝘢𝘨𝘦 𝘱𝘶𝘣𝘭𝘪𝘤𝘭𝘺 𝘵𝘳𝘢𝘥𝘦𝘥 𝘤𝘰𝘳𝘱𝘰𝘳𝘢𝘵𝘪𝘰𝘯 𝘪𝘯 𝘵𝘩𝘦 𝘜.𝘚.

It's time for inclusive economics. It's time for economic democracy.
Worker Co-ops - NCBA CLUSA
In this article, we look at key facts about Worker Co-ops and how they build community wealth. Learn more.
ncbaclusa.coop
June 17, 2025 at 11:42 PM
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Today is Employee Ownership Day 2025: a celebration of what it means to be an employee-owned business. This year’s theme is #eoSmile

It’s a less well known ownership model but one more and more businesses are exploring and we're proud to be part of the community.

#EODay25
June 20, 2025 at 10:37 AM
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The democratic economy is growing in Cincinatti, Ohio. Community- and worker-owned businesses are providing dignified jobs and fostering a more equitable and inclusive society based on cooperative and participatory economics. There is a better way to organize our economy.
An infrastructure for economic dignity | Seed Commons
Building a cooperative economy in Cincinnati, Ohio
seedcommons.org
June 10, 2025 at 10:58 PM
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Worker-owned and -run publications are the future of journalism—as they should be.
Hello world! We are Autonomy News, a new worker-owned reproductive justice news outlet cofounded by @garnethenderson.com and @susanrinkunas.com.

Our reporting will never be paywalled, and you can support our work with a subscription to keep it free for everyone.
Welcome to Autonomy News
Welcome to Autonomy News, a new publication created and owned by two reproductive rights and justice journalists. We write about bodily autonomy and the attacks levied by politicians and activists wh...
www.autonomynews.co
June 5, 2025 at 12:53 AM
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Food cooperatives can create significant savings and empower communities to have more democratic control over their food systems. Instead of profits concentrating in the hands of a distant and wealthy minority, they are reinvested to make food products more affordable for the majority.
Can food co-ops really cut grocery bills by 40%? I set one up with neighbours to find out
Tom Duggins sets up a communal shop – and finds big savings are possible for just £3-£6 a week
www.theguardian.com
June 2, 2025 at 11:28 PM
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This is the face of economic authoritarianism: CEOs and shareholders having their pay inflated while thousands are laid off, contributing to dramatic increases in wealth inequality that are incompatible with democracy.

Economic democracy is absolutely necessary for a more just and equitable world.
CEO pay climbed before layoffs at tech giants like Alphabet and Microsoft, data shows
Meta, Uber and Salesforce also raised CEO pay as they neared or had enacted layoffs.
abcnews.go.com
May 30, 2025 at 11:52 PM
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Despite being a vital service many rely on, social care often fails to reach those who need it most due to the all too prevalent focus on profit.

Social cooperatives are a democratic model for care that places the needs of recipients above any notion of extreme self-enrichment.
The Promise and the Power of Social Cooperatives - Non Profit News | Nonprofit Quarterly
In Italy and Quebec, social or solidarity co-ops that enable “clients” to be co-creators of services are now common. Might the United States follow their lead?
nonprofitquarterly.org
May 25, 2025 at 9:06 PM
Money is a decentralized voting system where you trade away your voting power to get the outcome you want. Those with more money have more votes.

Economics is intrinsically political and can never avoid that. Who gets to decide what to do with resources? How are they chosen to decide?
May 26, 2025 at 7:37 PM
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A recent US survey found that a majority of Republicans, Democrats, and Independents support the concept of employee ownership and would prefer working for a firm owned by employees.

It’s time to build the policies to make it possible.
Democratic Workplaces Make Economies Stronger
Recent Canadian legislation allows for a way forward in the face of trade shocks: give workers more ownership and control. Democratically run firms could offer workers everywhere a path toward stability, fairness, and long-term economic strength.
jacobin.com
May 12, 2025 at 11:29 PM
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A study finds that shop-floor employee participation boosted productivity for establishments in Germany by an average of 28%. Businesses gained additional productivity advantages through teamwork, autonomous work groups, and less hierarchical organizational structures.

#EconomicDemocracy
Employee participation and productivity
This paper measures the productivity impact of shop-floor employee involvement. On the basis of a representative German establishment data set, the st…
www.sciencedirect.com
May 17, 2025 at 7:47 PM