You wanted me to discuss business applications concerning SD2 - here
is a large scale idea:
This is a list of the 100 largest EMPLOYEE OWNED businesses in the
SD2 obviously would be perfect for employee owned businesses.
Imagine a four entity structure:
1. A non-profit corporation (in UK Commonwealth countries the
equivelant would be a charitable trust) - This could be an
organizational research institute and/or a college. This would serve
as a tax shelter, an instrument for accepting tax-deductable
contributions, and as a holding company for business interests.
2. A publicly traded finance company - This could be a mutual fund
and/or a bank. These are the best instuments for attracting
investment capital. It/they could be traded offshore before
attempting to brave the highly regulated American markets. This would
finace the other entities in this structure.
3. A private management company - this would be either a LLC or a
private corporation. This would manage entities #2 and #4. These
would be the SD2 experts and consultants. For security reasons the
voting stock would be guarded and may be held by #1, but the non-
voting stock could be issued to qualified investors.
4. A Delaware Series LLC - this is the most flexible business entity
that I have seen. It has provisions within it which allow for the
formation of mini-businesses within it, small *cells* with their own
books, account(s) and liability insulated from the parent business.
My idea is to use the Series LLC(LLS) to generate business entities
which would invest in and help manage (using SD2 of course) existing
employee owned businesses. The LLS could be used to insulate high
risk assets, such as company vehicles, from liability from the main
company. The LLS could also be used as an instument to swap stock, or
have under common holding, with other employee owned companies. The
intended goal here is to have most American employee-owned MERGED
into one well financed MEGA-CORPORATION that would be SD2 controlled.
For the non-Americans here, a similar structure could probably be
created using your home country's business entities. The limited use
of, and investment in American entities may be allowed as well.
I would like to welcome the young German computer-biochemistry
student Florian Trippel. He has innovated the efficient production of
malic acid, which can be used as a mould inhibitor in foods - rock on!
-Seattle WA USA
- --"Mark" wrote:
>-M: The intended goal here is to have most American employee-ownedMERGED into one well financed MEGA-CORPORATION that would be SD2
Solidarnosk! (Polish: solidarity)
Our Polish friend Lech Walesa wanted factory production in his commie
country of Poland to be worker controlled - this is bottom-up instead
of top-down form of commie-nism.
Capitalism allows, and even encourgages, worker ownership and control.
1. If a worker pays for and/or earns ownership of his/her share of
the company, then he/she should have his/her share of control - this
is normal PROPERTY RIGHTS in capitlistic systems.
2. Employee ownership is usually more PROFITABLE than their investor
owned counterparts. Why? Because workers have a vested interest in
productivity because it increases profits - THEIR profits.
The profitability fact is being contended. Critics say that the
employees have more short-term interests: higher pay instead of
capital reinvestment. Both sides have data to back their arguements.
SD2 offers an organizational method that may be able to separate the
employees with long-term profitability goals from those who may want
a "fast-buck". These long-term minded could be placed into decision
So maybe SD2 = Solidarnosk, AND SD2 = $.
-Seattle WA USA