Re: [gnso-vi-feb10] VI definitions from staff

[Eric Brunner-Williams <ebw@xxxxxxxxxxxxxxxxxxxx>]

Mike,

I'd also like to distinguish between for-profit stock corporations, as
the subjects of equity-based ownership and/or control conditions, and
jointly-owned and democratically-controlled enterprises such as
cooperatives and non-profits.

I appreciate that the simplest thing to do is to assume Delaware
General Corporation Law covers everything, and all of the applicants
will be for-profit stock corporations, but I expect that the primary
model for community-based applications will be jointly-owned and
democratically-controlled enterprises such as cooperatives and
non-profits.

How can we go forward on this? Redraft everything so that the
ownership and control conditions proposed by anyone can be sensibly
expressed for both for-profit stock corporations and for jointly-owned
and democratically-controlled enterprises such as cooperatives and
non-profits, or have distinct policy outcomes?

The disadvantage of the latter choice is that there are ethical
for-profit entities, and there are unethical non-profit entities.

Never the less, we can't go on talking about a key issue as if there
are only the needs of for-profit stock corporations that we must consider.

Eric