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Kevin Harrington 2025-11-09 07:39:16 -05:00
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@ -178,7 +178,7 @@ When members have a shareholder model then there needs to be a cash-out process.
When an organization is transitioned from one generation to the next as ownership, there is a problem where the inheritors may not be interested in participation, and so would need to exit the organization. Members exiting without a desire to maintain stability can cause destabilization. When an organization is transitioned from one generation to the next as ownership, there is a problem where the inheritors may not be interested in participation, and so would need to exit the organization. Members exiting without a desire to maintain stability can cause destabilization.
\subsection{Why are commons durable?} \subsection{How can commons be made durable?}
Commons, if designed well, and governed well, could be a much more stable structure. In the first generation, both a commons and a cooperatively owned business have similar benefits and stability to the members. The generational turnover is very different. A commons will use the decision making process established to accept new members when a previous member leaves or passes away. Allowing the commons to decide who to include in future operation stabilizes the organization. Commons, if designed well, and governed well, could be a much more stable structure. In the first generation, both a commons and a cooperatively owned business have similar benefits and stability to the members. The generational turnover is very different. A commons will use the decision making process established to accept new members when a previous member leaves or passes away. Allowing the commons to decide who to include in future operation stabilizes the organization.