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Obama Signs Historic Stimulus, Singles Out Employee-Owned Businesses

Not only did President Obama sign a historic (and historically large) piece of legislation into law Tuesday with the signing of the American Recovery and Reinvestment Act, he showed what kind of companies would be receiving a big slice of the pie by his choice of emcee: Blake Jones, “a leader of Namaste Solar Electric, a Boulder-based company that designs, builds, and installs solar panels for homes and businesses.”

From Entrepreneur.com (h/t Mother Jones):

Each of Namaste’s 27 co-owners receives the same compensation, has equal voice in decision-making, and is afforded the same opportunities to participate in company ownership, says Namaste president Blake Jones, who reluctantly adopted his title to give customers and the media a sense of company leadership….

Namaste staff members have the option to pay into the company to become co-owners, and the company offers low-interest, short-term loans for this purpose. To date, no one has declined the co-ownership opportunity.

“We want everyone to be owners from day one and to know what it’s like in all aspects of the business, including the burdens,” Jones says. “Since we are all masters, we decide what happens with our profits, dividends, bonuses and investments. We make the ‘big picture’ decisions each week in a three-hour meeting.”

Read the whole article here.

Image courtesy of the New York Times.


Chelsea Green: In the Media 2016

Oh, 2016. Where did the time go? Each year, Chelsea Green receives hundreds of mentions (well over 1000 in 2016) in the media both big and small. From interviews, to excerpts, to opinion pieces by authors we’re always working to make sure that the mission and message of each book is spread far and wide. […] Read More

Slack and Taut: Defining a System’s Resilience

A resilient future (or a resilient present, for that matter) needs to be slack, not taut. What do we mean? Core to the concept of a Lean Economy is understanding the need to move toward a “slack” market rather than one that is “taut.” When British economist David Fleming died unexpectedly in 2010, he left […] Read More

Prehistory of the Next American Revolution

What now? A new Revolution? If we are to counter the dangers both of corporate domination and of traditional forms of socialist statism, decentralization is essential—both of economic institutions and of political structure. We are at a point in our nation’s history that could, decades from now, be taught as the prehistory of the next […] Read More

The Seven-Point Protocol for a Lean Economy

In the future, what will our local economies look like? How will they function if there is little, to no, state or national support? The late David Fleming envisioned a post-capitalistic society that we could call “deep local” — in which all needs are met at the local level — from income to social capital […] Read More

Happy Holidays from Chelsea Green Publishing!

Today we kick off our Holiday Sale — with 35% off every purchase at our online bookstore. Simply use the code CGS16 at checkout from now until the end of the year. Along with this great discount, we are offering free shipping on any order over $100*. Are there homesteaders or organic gardeners on your […] Read More
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