logoalt Hacker News

corvadtoday at 12:28 AM2 repliesview on HN

I'm not sure that's even noble as by buying you would be a shareholder...


Replies

UqWBcuFx6NV4rtoday at 12:30 AM

Yes. Reminds me of the “anarchists” that don’t realise that they just want to recreate the government but with their people in charge.

show 1 reply
danawtoday at 5:18 AM

co-op: one member, one vote. members elect leadership with standard term limits. emphasis on services, price and patron returns. dividend according to use not capital investment. members have direct engagement in financials. public companies: votes scale with shares. large institutional investors and other large share holders have most say in leadership. emphasis on "shareholder value" (eg extractive value). dividends according to shares. shareholders have only limited visibility into finances. they're very different, concluding otherwise is misguided