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by hkt 1167 days ago
Charmingly small numbers.

I've been thinking for a while: how about governments fine in voting equity rather than cash? Hand the relevant voting equity over to a coop of users. It is probably the only fair way to deal with these things that would be adequately scary to work. Bonus points for bringing about democratic cooperative control of some tech giants.

2 comments

Wow! That could work. I like it. I believe that would truly terrify owners. Enough to act as a strong deterrent.

I'm sure there are a ton of details which need to be worked out, and probably there are drawbacks and secondary effects I'm not seeing. Strange to ask, but... is this your idea? Just because this is the first time I'm hearing this solution. If it is yours, congrats. If you think you had it from somewhere else, does it have a name by any chance? (just so I can read up on it.)

It is my idea. I'm a nerd for collective ownership and democratic management of going concerns so it seemed like a natural leap. Maybe I ought to write something about it.
Would just be abused as a stealth takeover mechanism where voting power when to a chosen few.