4 ms·
iirc, it's a consumer co-op. So think of it as a vote of all users willing to pay for the membership to the service, who (correspondingly) are more likely to be
by alloyed 2mo ago
iirc, it's a consumer co-op. So think of it as a vote of all users willing to pay for the membership to the service, who (correspondingly) are more likely to be power users/"activist" in the "activist investor" sense.
This can be contrasted with a private company, which will often have a "activist investor", the actual owner!
- iamnothere 2mo agoGiven that the actual number of paying users is probably low, it sounds like it would be relatively cheap to disrupt policy for someone with deep pockets.
- masafej536 2mo agothis is a failure mode of consumer co-op that never occured to me. I thought the idea was bullet proof.
- deleted 2mo ago[deleted]
- lmz 2mo agoHow is this a failure mode? Sounds like a good idea to me to let the members decide who they want in the club. Just wish this could also be done for national borders.
- tancop 2mo agoconsumer co ops are broken because you can pay to get in. any bad actor whos rich enough can get thousands of people to join and vote in a corrupt way. and if you make it invite only you defeat the whole point. imo the best way to fix is with a hybrid model where consumers pay member fees to get discounts but decision making is down to workers, basically how it was before shareholder supremacy.