WHY DOESN’T SOMEONE DO SOMETHING?
How many times has this phrase been said in one form or another? Someone should do something about this or that problem.
Has anyone ever seen empty commercial buildings or factories and commented that someone should try and put a business in those vacant buildings or bring the factory and jobs back to the area?
Somebody could be you!
Many will say it is too expensive, that will take a great deal of capital. How can anyone do that in this day and time?
It is difficult for one person to reopen the factory or a new business, but how about many people?
If many people pool their resources and are willing to be contractually agreeable to working together, it can be done.
How? Perhaps it is time to bring back the cooperative.
The basis of a cooperative is that citizens pony up their resources and form a business where everyone has a share or vote in the business. They are able to work within the company or simply be an investor or both.
Agriculture has employed the cooperative for decades. The most outstanding and easily recognized being the kibbutz in Israel.
The benefit of a cooperative is that an individual’s smaller investment can bank roll a manufacturing company to reality, where it is very difficult for one person to realize the capital needed to fund such an undertaking.
The current administration has given the nod to business and promised to be more business friendly through decrease in corporate income taxes and fewer regulations. This makes now an excellent time to use local talents efficiently and build back jobs for the middle class.
Cooperatives have the potential to breathe life back in the economy and revive the middle class, the economy and the honor of the “made in America” label.
A consumer driven economy can only grow if the citizens have disposable income to purchase goods and services. This funds sales taxes, which funds the municipalities. People can become homeowners, which funds the counties with property tax. More jobs are created from these tax revenues.
The last eight to ten years have taken a tremendous toll on the economy and the workforce. People have become disillusioned and disheartened about prospects for the future. There is so much work to be done that citizens cannot sit back and hope that somebody does something, or that the government does something to help the populace.
A small investment in the community can snowball into a thriving place to work and live.