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Socialism: member capital accounts and the founder problem in numbers

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Add capital-accounts.md (profit split, cash share, formula interest,
payout rules, solvency test, savings protections, worked outcomes).
Rewrite founder-problem.md with a discounted co-op vs conventional
comparison, the risk evidence (Hall-Woodward, Hamilton), and bounded
founder tools. Add founder-related measures and safeguards to the
pilot pages, and renumber open problems.

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 14:51:56 -06:00
co-authored by Claude Opus 5.5
parent 54f951520a
commit 56c041f405
7 changed files with 201 additions and 22 deletions
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JoshHeaps.Net/Content/Socialism/index.md
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@@ -13,7 +13,7 @@ summary: A working model for building an economy where the people who do the wor
This model doesn't buy, seize or convert anyone's company. Instead it builds new worker-owned companies alongside existing ones, then lets customers and workers choose between them.
- **Workers own their company.** Every member gets one vote. A share of the profits grows with tenure until long-time members split them equally. Salaries still exist, and hard jobs still pay more. [Worker Ownership](worker-ownership.md)
- **Workers own their company.** Every member gets one vote. A share of the profits grows with tenure until long-time members split them equally. Salaries still exist, and hard jobs still pay more. Part of each year's profit builds up in a personal account that's paid out when you leave. [Worker Ownership](worker-ownership.md) and [Member Capital Accounts](capital-accounts.md)
- **A small public bank lends to worker co-ops.** It charges market rates, so it only succeeds if co-ops can really compete. Its whole job is to be willing to lend to a kind of company other banks won't. [The Bank](the-bank.md)
- **Co-ops funded this way stay co-ops forever.** They can't be sold to conventional owners, and members can't vote to cash out what earlier members built. [The Lock](the-lock.md)
- **It runs as an honest experiment.** A one-time $350 million pilot aims to fund about 400 new co-ops. The success measures are published before the first loan. If, after twelve years, co-ops stay open about as well as similar conventional firms while paying their members fairly, and the bank earned at least what Treasury bonds would have, Congress votes on growing it. If not, it shuts down automatically. [The Test](the-test.md) and [The Pilot, in Numbers](pilot-spec.md)
@@ -36,4 +36,4 @@ This isn't mainly about money. **People deserve a say in governing the place whe
## Honest about what's unsolved
This is a working model, not a finished one. The biggest open question is whether strong founders will start companies they can never sell ([The Founder Problem](founder-problem.md)). The full list of what isn't solved yet is kept in the open. [Open Problems](open-problems.md)
This is a working model, not a finished one. The biggest open question is whether strong founders will start companies they can never sell. In the success case, a co-op founder ends up with a fraction of what a conventional owner would, because the rest goes to the people who work there ([The Founder Problem](founder-problem.md)). The full list of what isn't solved yet is kept in the open. [Open Problems](open-problems.md)