Ethics applied to Economics

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Re: Ethics applied to Economics

Postby thinkdr » Thu Jan 09, 2020 6:00 am

To supplement the previous post, I found this choice bit of information: https://institute.coop/news/were-teamin ... te-program

This is a good practical response to the issue of who manages these worker co-ops? For if they didn’t have wise management their failure rate would be higher than that of businesses structured in more conventional ways – i.e., in 19th-century ways. Actually these co-op start-ups [as far as I know[ have the same failure rate as do those with the ole, outmoded structure.

I shall be doing further research to learn the truth about the successes of these organizations that put democracy into living action.
Here is the mission of this program at Rutgers School of Management:

Geared toward managers in large firms, small businesses, cooperatives, and non-profits, the program will show participants how to create a values-driven, participatory work environment by:
• Improving transparency when sharing information
• Empowering employees in decision-making
• Developing a management style that fosters participation
• Engaging employees and promoting their growth
• Building organizational citizenship and a high-involvement organization
They apply Ethics, bring it to life.
And, as a bonus, here is yet another good link:
https://institute.coop/resources/employ ... n-solution


What say you?
:idea: For further reading and insight into the topics of Ethics check out these links, and thereby add to your reading enjoyment

THE STRUCTURE OF ETHICS
[NEW] :!:
http://www.myqol.com/wadeharvey/PDFs/TH ... ETHICS.pdf


THE BREAKTHROUGH - We Can Get Along After All (2018)
http://myqol.com/wadeharvey/PDFs/BREAKT ... %20all.pdf

LIVING WELL: how ethics helps us flourish
http://www.myqol.com/wadeharvey/PDFs/LI ... ourish.pdf


BASIC ETHICS: a systematic approach
http://www.myqol.com/wadeharvey/PDFs/BASIC%20ETHICS.pdf


ETHICAL ADVENTURES http://wadeharvey.myqol.com/wadeharvey/PDFs/ETHICAL%20ADVENTURES.pdf

When you search Bing for the following pdf selection you may wish to start with page 20 in order to skip the technicalities:
Marvin C. Katz - ETHICS: A College Course
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Re: Ethics applied to Economics

Postby Kriswest » Fri Jan 10, 2020 12:02 am

Cooperative companies work only if all are of a like mind. Cooperatives were the beginning of social business. Pack/herd but leaders will manipulate to be the one. If you really look at cooperates there is leaders that take more. Very very few are truly equal. Humanity is herd. Leaders are still needed and followers give to leaders. I respect what you are proposing and hope that eventually evolution heads there but. It will not occur within enough generations that we will see it. Evolution needs many generations in most cases, not all but, most. We actually have evolved enough to remove many prejudices. We know and accept that the Amazon tribes and the other what we call primitive peoples are humans and equal to a point. We protect their primitive life. Why????? Have you examined this question at all? Why do the governments and elites protect these tribes? What do they have that we do not?
I will be bitchy, cranky, sweet, happy, kind, pain in the ass all at random times from now on. I am embracing my mentalpause until further notice. Viva lack of total control!!!!!!!!!!!!!!!!!!! This is not a test,,, this is my life right now. Have a good day and please buckle up for safety reasons,, All those in high chairs, go in the back of the room.
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Re: Ethics applied to Economics

Postby thinkdr » Fri Jan 10, 2020 3:45 am

Kriswest wrote:Cooperative companies work only if all are of a like mind.


That is exactly what I said in the early pages of the STRUCTURE OF ETHICS booklet!:!: See especially page 6.

sMany of the members subscribe to the Newsletter of the Institute for Workplace Democracy this helps.

It is true, Kris, what you say about some few getting paid more than the others who work in the same shop,office, or warehouse. This is because the company had to hire a manager with special unique skills who could bargain for more pay.

The aborigines of Brazil are part of the ecosystem of the Amazon Rain Forest. They help maintain the forest. The forest serves as "the lungs of the planet." It consumes the Carbon Dioxide out of the atmosphere, and in turn, provides the planet's air with pure Oxygen for us to breathe.

An ignorant Climate-Crisis denier (a friend of Donald Trump - another one) is cutting down the rain forest; he has the power to do it. Under-informed or misinformed people voted him in.
Can anyone think of a more stupid thing to do? Well ...maybe going to war with Iran. Or establishing bases in The Middle East. ...Or stealing Iraqi sweet oil instead of putting full-blast efforts in researching and implementing alternative clean, green energy, such as solar, wind, geothermal and tidal power. [Ironically, George W. put solar panels on the roof of his own home but he went into The Middle East anyway -- for the expansion of the American empire.

Comments? Views?
:idea: For further reading and insight into the topics of Ethics check out these links, and thereby add to your reading enjoyment

THE STRUCTURE OF ETHICS
[NEW] :!:
http://www.myqol.com/wadeharvey/PDFs/TH ... ETHICS.pdf


THE BREAKTHROUGH - We Can Get Along After All (2018)
http://myqol.com/wadeharvey/PDFs/BREAKT ... %20all.pdf

LIVING WELL: how ethics helps us flourish
http://www.myqol.com/wadeharvey/PDFs/LI ... ourish.pdf


BASIC ETHICS: a systematic approach
http://www.myqol.com/wadeharvey/PDFs/BASIC%20ETHICS.pdf


ETHICAL ADVENTURES http://wadeharvey.myqol.com/wadeharvey/PDFs/ETHICAL%20ADVENTURES.pdf

When you search Bing for the following pdf selection you may wish to start with page 20 in order to skip the technicalities:
Marvin C. Katz - ETHICS: A College Course
thinkdr
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Posts: 769
Joined: Sat May 12, 2012 7:05 pm

Re: Ethics applied to Economics

Postby thinkdr » Sun Feb 02, 2020 9:10 am

Given the current economic system, called Private Enterprise, it is ethical to recommend and encourage any new small business starting up to organize itself as a workers co-op, one which engages in democracy-at-work, and is structured so that each new hire is automatically a part-owner. What the highest-paid employee (staff member) is compensated shall not exceed, say, six times what the lowest-paid worker gets in pay ...if there are more than one dozen worker-owners in the company.

If less than one dozen, they should all start out with equal compensation, and then, - if the proposal to do so is justifiable (is sensible and practical) - vote as a group to give a specific individual more pay than the rest get.


What, though, is 'Production for Use' :?:
Can anyone explain it for us here in simple terms? In doing so, tell us the advantages, if any, and the disadvantages if any.
:idea: For further reading and insight into the topics of Ethics check out these links, and thereby add to your reading enjoyment

THE STRUCTURE OF ETHICS
[NEW] :!:
http://www.myqol.com/wadeharvey/PDFs/TH ... ETHICS.pdf


THE BREAKTHROUGH - We Can Get Along After All (2018)
http://myqol.com/wadeharvey/PDFs/BREAKT ... %20all.pdf

LIVING WELL: how ethics helps us flourish
http://www.myqol.com/wadeharvey/PDFs/LI ... ourish.pdf


BASIC ETHICS: a systematic approach
http://www.myqol.com/wadeharvey/PDFs/BASIC%20ETHICS.pdf


ETHICAL ADVENTURES http://wadeharvey.myqol.com/wadeharvey/PDFs/ETHICAL%20ADVENTURES.pdf

When you search Bing for the following pdf selection you may wish to start with page 20 in order to skip the technicalities:
Marvin C. Katz - ETHICS: A College Course
thinkdr
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Posts: 769
Joined: Sat May 12, 2012 7:05 pm

Re: Ethics applied to Economics

Postby thinkdr » Sun Feb 09, 2020 4:05 am

While I was doing research on UBI, came upon this very-interesting column reporting on its progress. You may want to check it out, to learn what is going on in Stockton, California.
See" https://www.citylab.com/equity/2019/10/ ... nt/599152/

As you know, UBI stands for Universal Basic Income. Experiments with it are currently going on in Finland and (last I heard, still continuing) in Toronto, Canada.

From all accounts, people who receive the grants still continue to work at jobs.
:idea: For further reading and insight into the topics of Ethics check out these links, and thereby add to your reading enjoyment

THE STRUCTURE OF ETHICS
[NEW] :!:
http://www.myqol.com/wadeharvey/PDFs/TH ... ETHICS.pdf


THE BREAKTHROUGH - We Can Get Along After All (2018)
http://myqol.com/wadeharvey/PDFs/BREAKT ... %20all.pdf

LIVING WELL: how ethics helps us flourish
http://www.myqol.com/wadeharvey/PDFs/LI ... ourish.pdf


BASIC ETHICS: a systematic approach
http://www.myqol.com/wadeharvey/PDFs/BASIC%20ETHICS.pdf


ETHICAL ADVENTURES http://wadeharvey.myqol.com/wadeharvey/PDFs/ETHICAL%20ADVENTURES.pdf

When you search Bing for the following pdf selection you may wish to start with page 20 in order to skip the technicalities:
Marvin C. Katz - ETHICS: A College Course
thinkdr
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Posts: 769
Joined: Sat May 12, 2012 7:05 pm

Re: Ethics applied to Economics

Postby thinkdr » Tue Feb 11, 2020 9:35 am

Earlier I wrote that Rutgers University School of Business is training managers (who intend to run operations in worker-owned cooperatives) in these skills:

• Improving transparency when sharing information;

• Empowering employees in decision-making;

• Developing a management style that fosters participation;

• Engaging employees and promoting their growth;

• Building organizational citizenship and a high-involvement organization..

Worker cooperatives exist in an array of industries, from
retail trades to engineering and manufacturing to administrative services and various professional services such as, for example, in child care and housekeeping service businesses.

There is equity in these businesses structured as worker co-operatives. According
to my research, I can accuratelyreport that in the year 2019 the average entry wage for such workers was$19.67 per hour. Along with this pay they received, on average, a year-end bonus of $8200.

Most remarkable of all was this fact: The highest-paid worker in the company (or corporation) earned at the most only double what the lowest-paid worker was paid!! The Compensation Ratio is only 2 to 1.
Even if it were 6 to 1, this would be amazing!
:idea: For further reading and insight into the topics of Ethics check out these links, and thereby add to your reading enjoyment

THE STRUCTURE OF ETHICS
[NEW] :!:
http://www.myqol.com/wadeharvey/PDFs/TH ... ETHICS.pdf


THE BREAKTHROUGH - We Can Get Along After All (2018)
http://myqol.com/wadeharvey/PDFs/BREAKT ... %20all.pdf

LIVING WELL: how ethics helps us flourish
http://www.myqol.com/wadeharvey/PDFs/LI ... ourish.pdf


BASIC ETHICS: a systematic approach
http://www.myqol.com/wadeharvey/PDFs/BASIC%20ETHICS.pdf


ETHICAL ADVENTURES http://wadeharvey.myqol.com/wadeharvey/PDFs/ETHICAL%20ADVENTURES.pdf

When you search Bing for the following pdf selection you may wish to start with page 20 in order to skip the technicalities:
Marvin C. Katz - ETHICS: A College Course
thinkdr
Thinker
 
Posts: 769
Joined: Sat May 12, 2012 7:05 pm

Re: Ethics applied to Economics

Postby thinkdr » Thu Feb 13, 2020 3:03 am

This is all happening under Capitalism.

Note this N.Y. Times column with the creative title: Who needs a boss?"
https://www.nytimes.com/2014/03/30/maga ... -boss.html

I would suggest that every business from now on that starts up structure itself as a workers-cooperative, one that is worker owned. 8)

This is truly Ethics applied to economics :!:

What say you?
:idea: For further reading and insight into the topics of Ethics check out these links, and thereby add to your reading enjoyment

THE STRUCTURE OF ETHICS
[NEW] :!:
http://www.myqol.com/wadeharvey/PDFs/TH ... ETHICS.pdf


THE BREAKTHROUGH - We Can Get Along After All (2018)
http://myqol.com/wadeharvey/PDFs/BREAKT ... %20all.pdf

LIVING WELL: how ethics helps us flourish
http://www.myqol.com/wadeharvey/PDFs/LI ... ourish.pdf


BASIC ETHICS: a systematic approach
http://www.myqol.com/wadeharvey/PDFs/BASIC%20ETHICS.pdf


ETHICAL ADVENTURES http://wadeharvey.myqol.com/wadeharvey/PDFs/ETHICAL%20ADVENTURES.pdf

When you search Bing for the following pdf selection you may wish to start with page 20 in order to skip the technicalities:
Marvin C. Katz - ETHICS: A College Course
thinkdr
Thinker
 
Posts: 769
Joined: Sat May 12, 2012 7:05 pm

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