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* We buy a large amount of land. It is part of a corporation. It's not listed on any security market, so it doesn't have to operate in the interest of the shareholders.

* We divide up some of the land for lease, but only to shareholders, and only for as long as they are shareholders.

* We use the vast majority of the land to raise sheep, cattle, goats, chickens, veggies, grains, etc... which we consume for ourselves and the rest we sell.

* The profits are used to further develop the farm activities, buy more animals, put up more fencing, or farm more land, or even purchase more land. whatever's left we distribute as dividends.

* The corporation hires people to work the land, but because the land is so far away from any town or city (and only shareholders can live close by), only people who actually live there can economically work there. If the government forces us to pay niggers, we pay them a fair rate for their work, but they can never make enough to justify driving out to the field and back every day.

* We are very, very careful over who we sell or give our shares to.

* Better yet, make it a religious commune, a charity, so we can specifically exclude people who don't pass our religious purity tests.

This may work for a long while. If we can make covenants or deeds that are unbreakable, it may last all the way until the state legislature targets us or the supreme court nullifies the contracts.

Hopefully, before it reaches that point, we'll have enough people and land we can just secede.
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yudsfpbc on scored.co
1 year ago 1 point (+0 / -0 / +1Score on mirror )
The rule is that if it is on the stock market, you have to maximize profits. If it is not, then you don't have to, but you must work in the interest of the shareholders, and it's quite possible that the shareholders do not value profits but some other values.

Private charities are in fact corporations, and are not expected to even turn a profit, hence the name "non-profit corporation", which is a tax class.
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