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alc

(1,151 posts)
4. I've thought something similar (maybe)
Wed Apr 1, 2015, 09:50 AM
Apr 2015

Unions (existing or new) should start being the business owners. Wealthy people who claim to be "big union supporters" could give multi-million dollar low/no interest 10-year loans and get together with unions and have a billion dollar fund. Split it into 3 parts (or 2 or more)

1) start buying franchises - all profits are split between workers and the fund

2) start buying companies. instead of letting rich guys buy failing companies and sell off parts, rebuild them. Also buy non-failing companies that are in a good position to be bought - the way many wealthy people get more wealthy. Split profits between workers and the fund.

3) create a venture capital group - the founders will get a big payout if their idea succeeds. after that profit is split between workers and the fund. There won't be an IPO - the fund pays the founders (one time or yearly %) then keeps profits. Provide all of the expertise, contacts and other assistance that other VC funds have.

4*) have a business support group - lobbyists, lawyers, management/marketing/franchise/... experts.

The fund will eventually have companies/workers covering a large number of industries/trades. And be large enough to buy GM (or another car company) the next time it fails.

It's not a quick fix. But it can be done within the current system and there don't appear to be any quick fixes by creating new laws within the system. Most huge companies didn't become huge overnight. The founder started with one store/restaurant/factory and built it over decades. And they did it with far less starter money than is available to unions & union supporters.

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0 members have recommended this reply (displayed in chronological order):

Public unions are some of the most viable and vibrant ones remaining bigbrother05 Apr 2015 #1
I have often thought the people should start a new union mmonk Apr 2015 #2
I've thought something similar (maybe) alc Apr 2015 #4
Dems have also lost the white working man, who has learned procon Apr 2015 #3
Because We Refused to Pander to His Bigotry AndyTiedye Apr 2015 #33
Dems have also failed to save the unions... Orsino Apr 2015 #5
Bingo donnasgirl Apr 2015 #6
That's kind of what I was going to say, Blanks Apr 2015 #7
No, these two trends are inextricably linked. Orsino Apr 2015 #11
I understand that... Blanks Apr 2015 #25
Dems have choices precisely in proportion to the Big Money they don't seek. Orsino Apr 2015 #28
Good point Blanks Apr 2015 #29
Yeah. Walker in particular is merely a puppet. Orsino Apr 2015 #30
What EXACTLY should Democratic politicians done that they haven't done already to "save unions"? KittyWampus Apr 2015 #8
Democrats should never, ever support a "free" trade deal. Enthusiast Apr 2015 #12
When some of the same money buys Dems... Orsino Apr 2015 #14
Is Rahm Emanuel a Democrat? Was he Obama's Chief of Staff? Is he a union-buster? ND-Dem Apr 2015 #20
Truth. Octafish Apr 2015 #10
Yes, failed to even try. JayhawkSD Apr 2015 #21
Unions haven't modernized. At all. Democrats suck at countering all the money, media and bs KittyWampus Apr 2015 #9
Which Union are you a member of? Bluenorthwest Apr 2015 #16
I was a member of the grocery workers union. Both my parents were teachers. KittyWampus Apr 2015 #32
CNN 2014: "How labor unions and Democrats fell out of love " RiverLover Apr 2015 #13
I've been a Union member my entire adult life, but most on DU seem not to be in or to care for Bluenorthwest Apr 2015 #15
Most? Don't confuse intruders with an agenda (no matter what their post count or start date) valerief Apr 2015 #19
The best shops are where the union and the management have to COMPETE for the loyalty bemildred Apr 2015 #17
So does the union. JayhawkSD Apr 2015 #22
No, I agree. bemildred Apr 2015 #23
I prefer the corruption of unions to the corruption of Republicans. valerief Apr 2015 #18
Well said Populist_Prole Apr 2015 #24
It's really sad when you look at labor stats regarding unions. The membership is less than 12% Hoyt Apr 2015 #26
It's tough when you work at a place with a union Johonny Apr 2015 #31
Union members cut their own throats by abandoning Democrats in the '60s. BillZBubb Apr 2015 #27
To rob the working man of his political power is the reason for union busting. PeteSelman Apr 2015 #34
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