Redesigning the corporation

Corporations are artificial life forms that human beings have created and programmed, giving them sets of rules they must follow. We have built these artificial life forms to compete in a game that we also concocted, called the stock market. Like the sorcerer’s apprentice in Fantasia, whose misuse of a spell creates a situation where he has to fight off brooms multiplying to infinity, we have lost control over our creations.

The problem is that we made mistakes, errors of design, in the way we defined the rules of our game. We gave the corporations one prime directive: to increase shareholder value, to maximize profit, which they will try to accomplish, no matter what. We must redirect these incredibly powerful entitites to support planetary integrity and progress for all. This may require a fundamental transformation of our financial system. Let's discuss proposals on how this can happen, also look at current progress in creating new models. 

#corporations
Like

Annie CharnleyWe’ve become super 'left brained' in the West… we have amazing technology and medicine and have done unimaginable incredible things like into fucking space for example.

But...we’ve completely lost our understanding and connection to spirit/intuition/heart. 

We’re out of balance.

We need to keep our technology and rationality, but marry it to the deeper holistic understanding of our place in nature that the east has traditionally been good at.

I have some rough ideas:

1: Get psychedelic drugs legalised for at least medicinal use. And with context for the experiences, we can improve people's minds and connect them to things more spiritual and philosophical. Change begins within. Better to show people than to tell them.

2: Change education in schools to include more psychological, spiritual and philosophical stuff. For example meditation, yoga, mindfulness, critical thinking.

3: Think about introducing a form of universal basic income. Everyone is so busy trying to earn a living, they don’t have the time or energy to think about these bigger things and take action to make the world a better place.

4: Spreading the message of living intentionally through minimalism. Buying less, means more money to spend on experiences, more time for things that matter to us, less stress overall. If more people were to live intentionally this way, maybe companies would eventually change.

Michal StefanowRelated: https://www.kickstarter.com/blog/kickstarter-is-…

"Until recently, the idea of a for-profit company pursuing social good at the expense of shareholder value had no clear protection under U.S. corporate law, and certainly no mandate. Companies that believe there are more important goals than maximizing shareholder value have been at odds with the expectation that for-profit companies must exist ultimately for profit above all.

Benefit Corporations are different..."

Even the law - that is usually lagging behind - is catching up...

Alex FreitasLooks like nobody hear knows the obvious answer to this. To that, I say simply, READ MARX! READ CAPITAL!

Corporations will always be base everything around the profit-motive unless we can change property-relations in businesses, meaning, that workers have to be the ones that own the business and make the big decisions at that business (what's produced, how its produced, where its produced and how the surplus money is divided amongst workers). What it will take for us to get there as a population, it should be obvious (militant mass movements at least, total revolution at most).

I recommend that all of you check out Richard Wolff, he is probably the most popular (and easiest to understand) Marxist economist in the US.

Stellar MagnetI'm actually in the middle of trying to register a cooperative corporation (perhaps they are Benefit Corporations as mentioned above -- i haven't done much research in this exact realm)... so i think a great place to start will be creating a network of cooperatives that share similar outlooks (utopian like business/communities on earth & outer space, or the symbios between the two communities). I purchased the books "humanzing the economy" and "democracy at work" (by richard wolff, mentioned above) to start doing research. so far the more difficult part seems getting people that i have "recruited" to join this startup to be on board with the cooperative model. there is also that part of us that wants to feel in control in ways, as if a cooperative business is started you can be voted off the board. i think people have to be okay with that... like someone being voted off but not necessarily fired, unless they did something against the bylaws to sabatoge things or harrass people/etc. would love to hear more thoughts from people that have personally started or been part of worker cooperatives in the sense of a web company or high tech manufacturing company. or just in general -- someone that has started one and was voted off the board, and how they felt/dealt with it. i think it's the ego that will not feel comfortable with it, but we need to shed the ego to transcend and trust that the people who voted you off did it for the best interest for the community at large... right?

?