This is basically just as opaque as a charity or HOA, with different steps. Which is great unless your community is poor.
My contention with this concept is that with taxes, I can vote for people that manage both the money gathering rules and how it is spent. That and the money typically works in a much larger pool spread across a wide range of socioeconomic groups, which can vastly improve its reach and capability. On top of all that, it’s also transparent. My guess is this has no such features.
Right, that’s the whole point of HOAs. They do all the same shit local government does, but without needing to share with the poors. They should be illegal.
Where I love HOAs are mostly for sharing maintenance and insurance costs of the houses, they don’t take over any responsibilities from the local government.
Ah, we just have co-ops for that. Though sometimes they aren’t actually that great at getting good deals for smaller stuff. It would kind of suck to be required to use the co-op.
I was watching a thing not too long ago where a dude was praising the “safety net” of home and health insurance and almost in the next breath complaining how socialized medicine was a scam and welfare
I was like “MF you JUST said you wanted a group safety net”
Cooperative Capital lets people pool small amounts of money, vote on how they want to invest it to improve their neighborhood–and then generates returns.
I’m not saying this is good or bad. But you wrote a lot a received great feedback from the community despite no one actually reading what it is, evidently.
This is basically just as opaque as a charity or HOA, with different steps. Which is great unless your community is poor.
My contention with this concept is that with taxes, I can vote for people that manage both the money gathering rules and how it is spent. That and the money typically works in a much larger pool spread across a wide range of socioeconomic groups, which can vastly improve its reach and capability. On top of all that, it’s also transparent. My guess is this has no such features.
I lived and worked in a lot of poor communities and neighborhoods.
We have to organize our own clean ups, our own neighborhood watch, our own events.
Richer neighborhoods get a lot more resources from the city.
Right, that’s the whole point of HOAs. They do all the same shit local government does, but without needing to share with the poors. They should be illegal.
Where I love HOAs are mostly for sharing maintenance and insurance costs of the houses, they don’t take over any responsibilities from the local government.
The HOA gives you money for maintenance?
No, they negotiate a bulk price with with contractors and pay them.
Ah, we just have co-ops for that. Though sometimes they aren’t actually that great at getting good deals for smaller stuff. It would kind of suck to be required to use the co-op.
I was watching a thing not too long ago where a dude was praising the “safety net” of home and health insurance and almost in the next breath complaining how socialized medicine was a scam and welfare
I was like “MF you JUST said you wanted a group safety net”
But they unironically would rather spend more on insurance than risk having any of their money go to the poors.
Removed by mod
Could you elaborate?
He’s one of those silly people who think that you have to treat the poor with cruelty, otherwise they will have no incentive to work.
Buying into Reagan’s ‘welfare queen’ myth.
They want a group safety net for the in-group they are a part of.
https://www.fastcompany.com/40553334/this-startup-lets-neighbors-pool-their-money-to-invest-in-their-communities
I’m not saying this is good or bad. But you wrote a lot a received great feedback from the community despite no one actually reading what it is, evidently.