Recent searches

No recent searches

Search options

Only available when logged in.
fosstodon.org is one of the many independent Mastodon servers you can use to participate in the fediverse.
Fosstodon is an invite only Mastodon instance that is open to those who are interested in technology; particularly free & open source software. If you wish to join, contact us for an invite.

Administered by:

Server stats:

8.7K
active users

fosstodon.org: AboutStatusProfiles directoryPrivacy policy

Mastodon: AboutGet the appKeyboard shortcutsView source codev4.4.3

#Overspending

1 post1 participant0 posts today
Replied in thread
the roamer

@samuelpepys

"And that [namely, to check my accounts] I am loth to do, for fear I have spent too much, and I delay [these checks] the rather that I may pay for my pictures [...]"

I may be mis-reading this, but I think our Sam is spending money he doesn't have --- and he deliberately tries to avoid confirmation of that fact. The route to unhappiness; I know the feeling.

#Pepys#overspending
Aaron

What if a business "going public" (#IPO) meant being converted into a cooperative? The #founder gets their cash payout for building something of value to the community by actually *selling* it to the community? Power to the people!

I want to see laws passed that help promote and incentivize this option.

#Cooperatives reduce:
* #Inequality
* #EconomicInstability
* #PerverseIncentives
* #ConflictsOfInterest

The #profit made by a cooperative goes back into the #community, and their #leadership decisions are made by the community, because they are #CommunityOwned.

That means they'll listen if you say #climate matters. They'll care if you want to look out for the #disadvantaged in your community. They won't try to rake you over the coals with #PriceGouging. They won't try to trick you with #FalseAdvertizing. They won't try to manipulate you into #overspending or #ImpulseBuys. Because "they" are YOU.

TrendingLive feeds
About