Socialism: decide pay in the open, with the lower-paid protected

Add pay.md: pay bands open to every worker, a ratio each co-op must
choose and measure honestly, a double majority for high pay and for
raises to jobs most members hold, and no one voting alone on their own
pay. Stop the reserve rule from charging co-ops for raising the bottom,
and close its gaps for perks, non-members and related companies.

Co-Authored-By: Claude Opus 5.5 <[email protected]>
Claude-Session: https://claude.ai/code/session_01QWPs69B8nQZjtPEUXMKzZx
This commit is contained in:
2026-09-24 05:59:02 -06:00
co-authored by Claude Opus 5.5
parent a77d985135
commit 1f297c244d
6 changed files with 102 additions and 7 deletions
@@ -115,7 +115,7 @@ All of this is written down and filed in a public study registry before the firs
A useful yardstick: among the SBA's mature loan groups from 1992 to 2004, loans making up about 6% to 10% of the money lent eventually defaulted, and about 37% of the defaulted amount was later recovered ([GAO-20-618](https://www.gao.gov/products/gao-20-618)). A lender charging market rates with losses in that range covers them from interest.
**Measures that are published but don't decide:** jobs created, wages at the bottom and top and the gap between them, revenue per worker (a rough measure of productivity), how long members stay, injury rates, and the bank's default and recovery rates. Also:
**Measures that are published but don't decide:** jobs created, wages at the bottom and top and the gap between them, the share of pay above the going rate, how often higher-paid members leave, pay gaps by gender and race within the same job ([Who Sets the Pay](pay.md)), revenue per worker (a rough measure of productivity), how long members stay, injury rates, and the bank's default and recovery rates. Also:
- **Who got loans.** Approval rates and loan terms by the founders' race, gender and personal wealth. If collateral-based lending quietly shuts out the people co-ops mostly serve, it should show.
- **Who gets the profits inside each co-op.** Profit shares, founding shares and membership approvals by race and gender, so that an in-group of early members can't quietly take most of the pool.