Derek Razo and Chelsea Robinson on Holding Assets in Common
Video via https://solidarityhall.substack.com/p/the-power-of-moving-assets-into-the
Description
Elias Crim:
"Two powerful ideas—shared ownership and steward ownership—are driving a radically different way of thinking about assets these days. The first is the domain of worker co-ops, ESOPs, and community land trusts, for example.
The second is a strategy—still better known in Europe than in the U.S.—by which a company preserves its purpose by using a trust to separate governance from economic interests.
These two powerful frameworks meet in a new book jointly published and just out today from Infrastructure for Shared Ownership (sharedownership.us), Common Trust (common-trust.com), and the Purpose Foundation (purpose-us.com). Its authors are Charity May, Jay Standish, Chelsea Robinson, Zoe Schlag, and Derek Razo."
(https://solidarityhall.substack.com/p/the-power-of-moving-assets-into-the)
More information
* Book: Assets in Common: Stories of Business and Community Leaders Remaking the Economy from the Ground Up. By Charity May, Jay Standish et al. Infrastructure for Shared Ownership, 2024
URL = https://www.assetsincommon.org/
"Some of the amazing companies profiled here include the Industrial Commons, Enspiral, Mondragon Corporation, Obran Cooperative, Goodworks Evergreen, Saradex, Sumitomo Group, Clegg Auto, and Calvert Community Investment.
One of the most intriguing aspects of the book is its discussion of what will be for many readers wholly new business models:
- Employee-owned holding companies
- Cross shareholding between banks and businesses
- Business-to-business marketplaces and currencies
- Municipal strategies for assets holdings
- Non-profit ownership of business networks "
(https://solidarityhall.substack.com/p/the-power-of-moving-assets-into-the)