Instead of holding a death watch over Twitter, we might encourage a path to recovery and federation with Mastodon. Why not charge $25/yr for twitter, and let advertisers offer vouchers in exchange for ads or lead generation for those who prefer a subsidy? Then, pulling together as a community, members earn ownership shares for every year they are a customer. Flip the company to employees/members. The community buys out Musk.
#twitterexodus #elonmusk

@gregeb

You almost arrived at the concept of a #PlatformCooperative.

Now go two or three steps further. 🌺

🏷️ #Coop #Cooperative #Mutualism #ICA #InternationalCooperativeAlliance #ConsumerCooperative #Genossenschaft

@jpreisendoerfer the trick is the handoff. Need to pay down debt, restore advertiser confidence, etc. Stock could be held and resold in a digital ledger.I avoid “cooperative” because it sounds like communism and optics matter. I’ve also been a member of two cooperatives, and they often self implode. It’s the old direct democracy vs representive government question. I tilt towards Athens. https://genuineideas.com/ArticlesIndex/rad.html
randomDemocracy

@gregeb

No #cooperative or #mutual is required to implement #DirectDemocracy, although it's good to do so.

I like 'Cooperative' because it stands for values which have proven to work for decades, and because it is pretty much the conceptual opposite of #VentureCapital (though not necessarily so).

In many jurisdictions, including #FRG, cooperatives are the most stable legal form of business of all available.

One of the largest #software companies in FRG is a cooperative (#DATEV).

@jpreisendoerfer I agree this can work, but the US has an allergic reaction to unions sitting on the board of directors as is common in Germany. Hell, we can’t stomach parental leave and prefer to close or relocate businesses rather than unionize.

@gregeb

#Union|s & #Cooperative|s have historically been intertwined, but those times are long over, at least in #FRG. Part of the reason is that the structure of unions in #FRG is very different from the rest of the globe. So when it comes to #BasicIncomeGrant and #CooperativeEconomy, I totally gave up on unions a long time ago. You won't see me as a member of a union.

Also, the political spectrum is different in #Europe & #US.

E.g. #Obama is a #rightwing #SocialDemocrat by our standards. 🌺