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Socialism: build the bank to survive a hostile government

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Add "Making It Last": how public programs get killed (Ex-Im, CDFI Fund,
GGRF, NCCB) and survive (Bank of North Dakota, electric co-ops, Farm
Credit), and rules that assume any president can replace the board
after Trump v. Slaughter. Lending standards fixed in law, a "not tested"
verdict if good applicants are turned away, no freeze from board
vacancies, honest limits on where the money sits, and federal test with
state copies.

Co-Authored-By: Claude Opus 5.5 <[email protected]>
Claude-Session: https://claude.ai/code/session_01QWPs69B8nQZjtPEUXMKzZx
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jheaps
2026-09-23 21:03:11 -06:00
co-authored by Claude Opus 5.5
parent 27dd0ccb3e
commit 037e29055a
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JoshHeaps.Net/Content/Socialism/pilot-spec.md
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@@ -206,4 +206,4 @@ At year 12, both measures must pass:
- **Whether the labor market changes.** 400 co-ops won't move anyone's wages. See [The Test](the-test.md).
- **Whether the best founders come.** The test measures the co-ops that *did* apply. If strong founders stay away ([The Founder Problem](founder-problem.md)), a pass means "the co-ops that exist can compete," not "co-ops would win with everyone's best people."
- **Whether co-ops do better with a full support network.** The pilot funds individual co-ops. It doesn't build [the federation](federation.md) that Mondragon relied on, so co-ops that join a federation are reported separately. The [support lottery](#the-support-lottery) tests one piece of that network, hands-on help, but not the rest: shared funds, moving workers between co-ops, joint buying and selling.
- **Whether it survives politics.** Congress can refuse the second capitalization, or repeal the whole thing. See [The Constitution](constitution.md).
- **Whether it survives politics.** Congress can refuse the second capitalization, or repeal the whole thing. A hostile board could also try to rig the result, which is why the verdict can be "not tested" rather than "failed" if the bank turned away applicants who met its own standards. See [Making It Last](durability.md).