The boss needs you, you don't need him!
Labor is entitled to all it creates
this post was submitted on 10 Nov 2023
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Only would only those in the community be able to invest in bonds? Otherwise big investors would invest in promising ideas. Who is in a community? Who is the community for a global operation?
I like the idea, but I think it'd be really hard to apply to things like tech or businesses with global infrastructure.
I'm not sure what you mean... This is already a thing that happens and is happening. You could choose who the bonds are available to if you want to avoid a corporation or single entity buying them all up. Or have rules around maximum % ownership, things like that.
In terms of worker-owned co-operatives, and all that, If you want to understand how something like this might work on a larger scale, look into Germany's laws around employee ownership/participation, in corporations, as well as the Mondragon Corporation in Spain
Edit: Here's a link about Germany: https://en.wikipedia.org/wiki/Codetermination_in_Germany