[sudo-discuss] Video of Mandela Foods Cooperative and the West Oakland Youth Standing Empowered Program | American Worker Cooperative

[Hol Gaskill]

they might say in their offering memo:
http://peoplesmarket.wpengine.netdna-cdn.com/wp-content/uploads/2012/10/PCM-Offering-v8.pdf


Feb 4, 2014 12:38:51 PM, jwentwistle at cryptolab.net wrote:
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>If it were a loan with a portion of the profits going to the investors
>(initial amount plus interest), which will eventually become a worker
>cooperative, then that's an amazing idea. We need more people to
>finance worker cooperatives, but I didn't see any evidence of that on
>their website. I have nothing against investors or investment other
>than they usually own the means of production after the initial
>investment. I want workers to own the means of production after the
>investment has been returned to the investor.
>
>On 02/04/2014 11:19 AM, Hol Gaskill wrote:
>> Looks like they give investors a 3% return, which is considerably
>> lower than what would be sought by venture capitalist crowd.  I am
>> a huge supporter of cooperatives and worker ownership but there has
>> to be room for financial engagement with the broader community who
>> have other trades.  Alot of cooperatives have to secure loans (from
>> chase bank et al in many cases!) in the form of mortgages or to
>> provide working capital.  I think if in reshaping the economic
>> landscape we have to wait for people who are going to be doing the
>> entry level manual tasks to throw down their share of the working
>> capital, we will die waiting.  I don't really know much about this
>> organization in detail, just had been looking over their site and
>> wanted to put in my 0.02
>> 
>> I also recognize a few of these evil capitalists
>> http://peoplescommunitymarket.com/testimonials/
>> 
>> Anybody have info on what they pay their workers?
>> 
>> cheers
>> 
>> 
>> Feb 4, 2014 11:04:22 AM, jwentwistle at cryptolab.net wrote: 
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>>> I support everybody who provides food to Oakland, as we
>>> definitely don't have enough grocery stores in the area, but
>>> these stores shouldn't be referred to as being the same thing.
>>> 
>>> While it's called the People's Community Market, it is not owned
>>> by the people, it's owned by a corporation. It's capitalistic and
>>> profits that are made by the corporation will go to the owners of
>>> it, not the people working there. The worker's wages will always
>>> be seen as a cost to the owners and the profits created by the
>>> workers will be stolen from them. Meanwhile, the workers at the
>>> Mandela Food Cooperative are the owners and the profits made by
>>> the workers will go to them.
>>> 
>>> I understand that we need more grocery stores with fresh produce
>>> in the area, but I don't see that as an excuse to exploit the
>>> workers.
>>> 
>>> Take care, Jeremy
>>> 
>>> On 02/04/2014 06:26 AM, Marina Kukso wrote:
>>>> you might want to just talk to them to learn more about the
>>>> other activities they do and ways that you can contribute. that
>>>> might be the best way to learn about ways to contribute that
>>>> might be useful to them.
>>>> 
>>>> also, have you heard of the people's community market? 
>>>> http://peoplescommunitymarket.com/
>>>> 
>>>> 
>>>> On Tue, Feb 4, 2014 at 3:14 AM, Romy Snowyla romy at snowyla.com 
>>>> mailto:romy at snowyla.com>> wrote:
>>>> 
>>>> http://www.american.coop/content/video-mandela-foods-cooperative-and-west-oakland-youth-standing-empowered-program
>>>>
>>>>
>>>>
>>>>
>>>> 
>I was at west Oakland Bart and shopped at a worker run and owned
>>>> cooperative Mandela foods.
>>>> 
>>>> It's amazing ! I enjoyed the mass effect night of collectives
>>>> at sudoroom.
>>>> 
>>>> What are ways sudoroom and or I can help support Mandela foods
>>>>  besides shopping there?
>>>> 
>>>> Sent from my iPhone 
>>>> _______________________________________________ sudo-discuss 
>>>> mailing list sudo-discuss at lists.sudoroom.org 
>>>> mailto:sudo-discuss at lists.sudoroom.org> 
>>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>>> 
>>>> 
>>>> 
>>>> 
>>>> _______________________________________________ sudo-discuss 
>>>> mailing list sudo-discuss at lists.sudoroom.org 
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>>>> 
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>>> _______________________________________________ sudo-discuss
>>> mailing list sudo-discuss at lists.sudoroom.org 
>>> http://lists.sudoroom.org/listinfo/sudo-discuss
>>> 
>> 
>> 
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