https://www.nycmesh.net/blog/march-2019-update/
I don't think they are threatening jobs at this point. I assume if it grows big, they will likely have to hire someone and pay them.
Volunteer-based initiatives can turn into companies if they're successful. Hopefully that's the case here.
At very worst, this sort of volunteer operation will not change the relationship the workers have with their labor and only change who's paying them to do it.
That being said. Cooperatives do have executive classes and they do soak up value from labor
Also traditional for profit companies would theoretically allow local stakeholders to reap profits but I do agree that due to unjust sec rules about accredited investors designed to protect the rich, this can not happen
I definitely did imply that they had no executive class, though, which is wrong.
Well, of course. Giving away unlimited supplies of money without earning it is a privilege only the federal government has. Non-profit companies also cannot create money out of thin air. While non-profits can endeavor to create jobs as their primary mission, I have yet to see a non-profit that can actually create a job without first earning the money itself, whether through actually doing something or working to fundraise.
> I guess it is difficult to compete given laws and/or regulations, so running a new such company for-profit would be too difficult?
It doesn't even need to be for-profit. I suppose I should have clarified. It could be non-profit too. It's the all-volunteerness that I object to. The sorts of things done by volunteers here are actually jobs, that should be compensated. The receivers of the internet ought to be okay paying for it to pay for these people's livelihoods.
They do pay for it. But there are not currently enough subscribers to make hiring someone worthwhile or affordable. Hopefully that will change in time.