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by dbingham 1 day ago
Eric, it's interesting the companies you've picked that "structurally resist gravity" and the ones you've left out. Costco, Patagonia, and Nova Nordisk are all interesting cases. But you're missing Mondragon, Equal Exchange, King Arthur Flour, and many others.

Basically, you appear to be focusing on investor owned companies and missing the entire class of worker cooperatives where the financial gravity you're talking about isn't merely resisted -- it doesn't exist. These companies have other challenges, to be sure, but if you're going to write a book called "Incorruptible" talking about businesses, not including these seems a significant oversight (at the least).

Do you address these in the book and just fail to highlight them here or is this really something you missed entirely?

1 comments

Both Mondragon and King Arthur Flour are in the book. I'm not familiar with Equal Exchange, but now that you've mentioned it, I'm going to go learn more.
Cheers! Glad to hear you covered them. I'll check out the book when I have some reading bandwidth. I'm working on applying the lessons of these companies to tech, basically hoping to start a tech Mondragon.

It's extremely hard, because there's (almost) no infrastructure for it and funding is all but impossible to come by. The evidence is pretty strong that once cooperatives get going they are more resilient and far more pro-social than capital funded businesses. They are that structure your book seems to be alluding to that resists corruption.

There are two main reasons there aren't more of them: lack of awareness and lack of capital to fund them. If we want a truly pro-social economy, we should really work on fixing those two problems!