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" ... Modern corporations are capital coops – owned and controlled by suppliers of money capital. Even if that was scarce in the 1870s and thus warranted 100% capital owning of enterprise (it wasn’t and didn’t), no one can argue that now, when bubble after bubble after bubble has proved capital glut at the top of the national distribution to be our number one economic frailty. ... "
" ... On my last day at Babylonstoren, Liesl van der Walt, the garden’s manager, asked me if I wanted to help plant a macadamia tree. She is still testing which fruit and vegetable varieties work best in the valley and hopes that Babylonstoren will become a resource for growers in the area. After the young tree was planted and watered, we took a walk through the garden. Liesl stopped to point out different types of plums, then showed me the Australorp black hens that had just moved into roomy coops near the farm’s stream. Liesl and chef Simone hoped they would live up to the breed’s reputation and lay copious amounts of eggs and contribute to the compost. “I am constantly learning new things about crops and food production,” Liesl said, "but right now my main priority is that the chickens are happy.” How can’t they be? They live in a land that is beautiful and yields wonders. ... "
" ... Since labor costs are typically the largest expense of running a grocery store, coops using this model can charge less for the food they sell. Most coops don’t require a member labor contribution, but as a result, they often have a higher wholesale-to-retail markup—prices that can make them unaffordable for a large swath of the people they seek to serve. ... "
" ... Some Democrats believe the culprit is the profit motive. That’s why they like the idea of non-profit coops and public sector plans. Here is what they are missing: perverse incentives lead to perverse outcomes, no matter who the decision maker is. ... "
" ... “Like most coops, the project started with a lot of people who had good intentions and whittled down to the people who were really into it,” said Sullivan. “At some point, we gave ourselves a name and went to the Craft Brewer’s Conference.” ... "