this post was submitted on 12 Mar 2024
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Based on ideas of Dmytri Kleiner and Glen Weyl. The commune's members lease all their capital from the commune. This is structured for minimal administration from the commune. Each member coop self-assesses a price for their capital. They pay a recurring fee on that price. The member is required to transfer the capital to anyone that pays the self-assessed price. With the right percentage, the incentives to over-assess and under-assess cancel out. The fee can be used to invest in coops @memes