Valentin Baillard's posts

Created: Apr 8, 2017

Last updated: Apr 8, 2017

Hi all,

After attending a conference+meeting with a prominent director of a company involved in such an economy model, we had a hard time figuring out how the system could work. Even him. The idea is about designing a sustainable business where two metrics are used: money, but also social considerations. The employees and high-end directors and executive council members are paid in a fair manner (the director is paid 15 times the lowest salary in the company). The company is a holding and has no capital (is not owned by shareholders). Running hospitals, implementing new technologies in retirement houses, finding homes for migrants, following drug addicts in their weaning... The strength of the company is a dense and agile networks of professional actors (jurists, civil engineers, electrical engineers, plumbers...) that can be effectively deployed on specific local issues or provide useful advices. The company is an incubator for many start-ups, puts 10% of its turnover (1 billion $) in research & development, yields 20% growth each year, starts to replace the government in some social services areas, and is investing and growing internationally.

So the question is: how is all of this possible, and what would it mean for the future? What should we think of, what should we be afraid of, or happy for? Is this a manner of employing skilled entrepreneurs for the common good by reaching out to a market that was usually covered by mediocre innovationless government? Or is this just great for now, while the director is actually a "nice guy", before the company starts to rule lives once it gains monopole? This is so confusing. It seems the only thing that keeps this company from doing wrong is the commitment and moral values of its executive members, but it works! They are doing much more, and much better, that what the government used to, and without them this would be hundreds of thousands of people whose lives would be worse than it is with them.

Valentin Baillard's comments

What about listening to your music without earphones by putting your smartphone's speakers' volume up and putting the phone next to your ear just like a phone call. Interrupt a teacher/lecturer during a lecture and ask him/her to repeat his/her last sentence because you didn't hear well/understand. Well, it depends where you live, but arguing in public about the values of white supremacy is definitely against some social norms. You can also spend a whole day without speaking, and staring emotionlessly when someone is speaking to you during the whole experiment, until they get bored or scared (most probably scared). There is a whole bunch of "alone moments" that you can get inspired by, since people tend to follow behaviors that imply having the implicit approval of friends. Just go out alone: eat alone in a fancy (non-fast-food) restaurant, where couples and associates use to go for diner; this is against social norm and often a painful solitary experience; go to a theme park and try to have fun alone; go to the beach, to the mountain, in a national park, in the forest at night... alone, this is a kind of silent unnoticed profound antisocial behavior. Play one of these public pianos without knowing a thing to piano playing. Take pictures of people in the street with your phone. Work out in unconventional places (street, airport, railway station). Start to sing in a waiting room. Harness some garbage. When you hear people talking next to you, go to them and listen to the conversation in an obvious manner, as if you were invited (you can even participate). Ignoring bums may be a kind of a social norm now, or people give a coin from time to time; be committed and give large amounts of food supply to some random homeless people (and something for them to carry and use it). You know what ? Social norm is defined by consumption habits too, make your own revolutionary start-up.