• 2 Posts
  • 21 Comments
Joined 3 years ago
cake
Cake day: December 12th, 2022

help-circle

  • I think there are ways you could provide financing/loan money with defined terms and/or interest rates, so the co-op has debt in your name with a defined risk/reward structure. If you’re successful and new members join, there is simply debt in your name in the balance sheet still. At a risk/reward level that hopefully everything thinks is appropriate.

    I think entrepreneurship and financing mechanisms can be decoupled from capitalism. In addition to your money being put at risk, it is your time and labor after all at the beginning, and it’s not compensated at that time. You could record your hours in setting everything up, it’s effectively back wages IMO.

    Edit: ofc entrepreneurship and financing methods have existed well before modern capitalism, my point remains!





  • To me it sounds like you might be describing more of (in the US context) a company with an Employee Stock Ownership Plan (ESOP) rather than say, a worker cooperative? (which can both be considered employee-owned but with very different contexts)

    There is a wide range of possible structures/bylaws/statues for employee ownership that depends on the local regulations as well as the discretion of the employees with voting rights. For example, worker co-ops in France (SCOPs) can allow for external investors (capped to a certain % of equity, no voting rights), a voting system where one worker = one vote (independent of ownership %), require a fixed % of profit to be reinvested to the company’s reserves before any profit sharing, etc.

    I also would prefer to work at an employee-owned enterprise but to me it boils down to the culture of the people working there, independent of the chosen legal form and/or that imposed by the state. The workers can decide to do things in a capitalistic way or not, the legal form and bylaws are there to help prevent major abuse but if people want to act in a rent-seeking way, they’re gonna find a way to do it, IMO.












  • kirk@midwest.socialOPtoBicycles@lemmy.caMy N=1 SUV
    link
    fedilink
    English
    arrow-up
    1
    ·
    2 months ago

    Tire is 2.8" and I’m about 65 kg, not sure how low I go on pressure since I don’t have a gauge but people routinely go below 10 psi on soft trails.

    Pinch flats can happen but it’s harder with bigger tires since there’s a longer travel distance before the pinch. And most people set up tubeless to avoid pinch flats entirely.



  • kirk@midwest.socialOPtoBicycles@lemmy.caMy N=1 SUV
    link
    fedilink
    arrow-up
    1
    ·
    2 months ago

    The bigger the tire, the lower pressure you can run, which makes it more comfortable over rough pavement and trails. This bike has no suspension but I’m still able go over big rocks, roots, etc. comfortably if I drop the pressure. I ride trails but not aggressively/getting air or anything. So I can ride pavement a while to get to some trails, drop the pressure and have a good time off road, then air up and zip back home. And no suspension to deal with/maintain (+ can run cargo racks front and back if I want, which you can’t always with suspension).

    It’s a trend/rediscovery of sorts in the “all-terrain bike” hype-sphere (but I do like it)