I'm having trouble following you. People bought the milkshake, but prices & profits tell whether they liked it, want more or less, or in more flavors. Milk producers usually work in co-ops, which is what I think you think there should be more of...I agree-but unless there are govt rules/taxes that penalize co-ops-there would be more of them-wouldn't there? -----Original Message----- From: Patrick Anderson Sent: Thursday, November 24, 2011 4:46 PM To: P2P Foundation mailing list Subject: Re: [P2P-F] Product Maximizing Corporations (was: "corporateperson") Natalie Golovin wrote:
The problems arise from the time horizons & how the profits are dispersed.
Imagine we create a corporation which disperses profits in this way: We invest the profits FOR THE PAYER in the Means of Production needed to create even *more* of the product for which they just overpaid. For example, say you buy a milkshake from such a corporation, and pay Profit. The corporation would accept your over- payment as though you had made an investment. The corporation uses that money to buy more land, water rights, milk cattle, alfalfa seed, corn seed, tools, etc. needed to create more milkshakes in the future. You, the Payer, become a share-holder in this For-Product corporation. If you pay your portion of the recurring costs (including wages or supply that labor yourself), then you will OWN another milkshake even before it is produced. The owner of a milk-cow does not buy the milk back from himself, but owns it already, even before it is produced. We can do the same with co-ownership on a larger (but not too large) scale, so we can enjoy the benefits of economy of scale, and yet avoid the pitfalls of regular corporations that seek scarcity and destruction for the misguided purpose of keeping Price above Cost. Notice, since you no longer buy that Product (you own it already), you do not pay Profit, and do not pay Taxes on that missing transaction. http://Wikipedia.org/wiki/Imputed_Income explains this fairly well, but seems to limit the concept to singular ownership. Extending this to multi-owner groups will allow us to, in the end, avoid passing tokens all together - for the need to purchase Products can be thought-of as a misallocation of the Means of those Products. When the Means of Production are in the hands of the consumers, then there is no reason to buy or sell, since the one who will use that thing owns it already. Sincerely, Patrick Anderson http://ImputedProduction.BlogSpot.com _______________________________________________ P2P Foundation - Mailing list http://www.p2pfoundation.net https://lists.ourproject.org/cgi-bin/mailman/listinfo/p2p-foundation