Comments on: From systems of co-determination to full industrial democracy? https://blog.p2pfoundation.net/from-systems-of-co-determination-to-full-industrial-democracy/ Researching, documenting and promoting peer to peer practices Sat, 30 Jul 2011 12:29:20 +0000 hourly 1 https://wordpress.org/?v=5.5.17 By: Ralph Baldwin https://blog.p2pfoundation.net/from-systems-of-co-determination-to-full-industrial-democracy/comment-page-1/#comment-485613 Sat, 30 Jul 2011 12:29:20 +0000 http://blog.p2pfoundation.net/?p=18324#comment-485613 Indeed, a great article. It can of course go further as it can also be used as a method of reallocating profits and directing them towards goals that ore of relevant localalised social interest. of course profits generated can be plowed back in for mutual gain/improvments in service and growth, but also for investment in skills development of associated or other groups, the sky really is the limit as the decision making will be in the hands of the peers themselves. So along with democratic decision making power you may, depending in the success and circumstances be in a position where such decisions have real fiscal muscle behind them.

Unions could play a key role in the genesis and development and as a assistent in the role of such organisations to ensure no individual holds dominance (which occurs far too frequently in democracies)and to ensure that all players play a role that is equitable. It would certainly solve a lot of problems with local government finding the best service providers for a local task and could also be used to grow wealth within a geographical area over time as funds generated could be passed on from peer to peer body to another with schemes and incentives to encourage localised transactions. I can see this making business models more flexible as mentioned above, furthermore adding a resilience to the economy as wealth is retained and grown, increasing, over time demand for more goods and services. I see these P to P platforms as essential “medicine” for post industrial areas in the Uk and elsewhere as they can truly build not only wealth but a sense of community too that many people feel they have lost.

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