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Toward the Open Company

Arto Stimms writes "The author of the e text editor is using the principles of open source to transform his company into an Open Company. Not only is he releasing the source, the company itself becomes totally open: no concept of bosses or employees. Anyone can join in at any time, doing whatever task they find interesting, for whatever time they find appropriate. This is in service of the idea of 'the real freedom zero': the freedom to decide for yourself what you want to work on."

272 comments

  1. Just like a closed company... by Anonymous Coward · · Score: 5, Funny

    ...but without the paycheck.

    1. Re:Just like a closed company... by megamerican · · Score: 4, Interesting

      However, you can fire yourself and then go collect unemployment.

      --
      If you have something that you dont want anyone to know, maybe you shouldnt be doing it in the first place -Eric Schmidt
    2. Re:Just like a closed company... by commodore64_love · · Score: 2, Interesting

      No somebody already tried that (quit his own company after the economy went to ____), but the government turned him down. He complained because he had been paying unemployment tax for all those years, but was barred from getting it when he needed it.

      --
      "I disapprove of what you say, but I will defend to the death your right to say it." - historian Evelyn Beatrice Hall
    3. Re:Just like a closed company... by Pope · · Score: 1

      At least in Canada, you don't get unemployment insurance if you quit, it's only for people who are laid off.

      --
      It doesn't mean much now, it's built for the future.
    4. Re:Just like a closed company... by MeanMF · · Score: 2, Insightful

      Same in the US.. But if he's running his own company, it's impossible for him to get fired. So why should he have to pay unemployment insurance?

    5. Re:Just like a closed company... by infonography · · Score: 1

      it often depends how much the company that you worked for responds to the Unemployment folks. Some don't care and let it slide and then your on your way.

      Me, I am living high on my AIG Bonus check.

      --
      Sorry about the writing. Robot fingers, you know? Cliff Steele in DOOM PATROL #23
    6. Re:Just like a closed company... by xaxa · · Score: 1

      What, no comment from a European saying how their welfare state is better*? I'll do it then:

      Here, you get unemployment benefit if you're unemployed and looking for work. It doesn't matter why you're looking for work. You need to provide evidence that you're looking. It's not much (£50/week), since there's other stuff for making sure you have somewhere to live and food to eat (and a PS3 for the kids).

      (*Replace with "worse" if you prefer.)

    7. Re:Just like a closed company... by Zero__Kelvin · · Score: 5, Interesting

      "At least in Canada, you don't get unemployment insurance if you quit, it's only for people who are laid off."

      "Same in the US."

      Generalizations are always a bad idea! (it's funny; think about it.)

      In Massachusetts you can quit and still collect under certain circumstances, though you may need to go for an appeal. I have done it. In my case my job responsibilities changed drastically . I explained to the appeals officer that they were trying the equivalent of demoting a lawyer to secretary and keeping the title (the new boss was afraid of technology and wanted to do all the testing manually, and I was in charge of SQA at the time). He understood that even with the same title and pay, I would still only have the experience of a secretary to show on my resume for my efforts. Case closed. I got approved via snail mail the next day !

      The best part was wiping the smile off the face of the HR moron who told me he loves to go to appeals and I don't have a chance of winning because he does it all of the time. No I take that back. The best part was explaining to one of the three lawyers that he brought with him to intimidate me that it wasn't as court of law, and he couldn't object. It's like the Visa (Mastercard?) commercial:

      Winning the case: 26 months of income if needed.
      Watching the way the lawyer was on the verge of tears of anger: priceless ! ;-)

      --
      Guns don't kill people; Physics kills people! - John Lithgow as Dick Solomon on Third Rock From The Sun
    8. Re:Just like a closed company... by GNU(slash)Nickname · · Score: 2, Interesting

      Same in the US.. But if he's running his own company, it's impossible for him to get fired. So why should he have to pay unemployment insurance?

      In Canada, he wouldn't have to pay, and the company wouldn't have to pay the employer's portion either.

    9. Re:Just like a closed company... by asjkld · · Score: 1

      Err... No. In France, at least, you get benefits only if you get fired. Granted, if you're desperate you can apply for minimum wage, but good luck living with that...

    10. Re:Just like a closed company... by SamsLembas · · Score: 0

      So, basically what happened here is as follows:

      1. New boss changed your job. Reasons may be stupid, but they are his own. Approximate workload and salary remained the same.
      2. You really didn't like this new job, so much so that you felt the need to quit. Your reasons are your own.
      3. You went whining to the government about how awful your situation was, and they gave you a lot of money. This money came from a great many people, some of whom were working their ass off to make it while you took a year off.

      Sticking up for your ethics is great. But is it really necessary to both have your cake and eat someone else's?

      (I realize this sounds like a personal attack-- it is not supposed to be. It is attack against the laws that allow it, not the people that use the laws. I probably would have done the same thing. Exploiting stupid laws simply makes the tax burden more bearable)

    11. Re:Just like a closed company... by Lord+Bitman · · Score: 2, Interesting

      The point is he was basically fired and immediately offered a re-hire at a much lower and unrelated position (though with the same rate of pay). It was his boss, not him, trying to game the system by doing this through a "change in responsibilities" rather than actually firing the staff he didn't want and hiring the staff he did want.
      Sure, he would receive the /money/ from his employer, but everything else he took the job for (a snazzy resume, ability to use his skills, etc) was taken away.

      --
      -- 'The' Lord and Master Bitman On High, Master Of All
    12. Re:Just like a closed company... by v1z · · Score: 2, Informative

      Erm, from tfa:

      "3rd step: Compensating Participants

      All income in the company (minus operating expenses), will be passed through the trust metric and distributed to participants."

      So, no ... not "without the paycheck". Without the job security, the pension plan, the medical coverage -- true. But in theory if operating costs are low enough the average worker should be able to make more than in any other reward-model.

      Making the (not insignificant) assumption that the company is actually profitable.

    13. Re:Just like a closed company... by Atrox666 · · Score: 1

      It's a lot more serious than that.
      Last night while I was working late I inappropriately touched myself.
      I can't comment further on a sexual harrassment investigation.

    14. Re:Just like a closed company... by Zero__Kelvin · · Score: 1

      Thank you! Thank you! Thank you! You captured everything and presented it succinctly and poignantly! Bravo!

      --
      Guns don't kill people; Physics kills people! - John Lithgow as Dick Solomon on Third Rock From The Sun
    15. Re:Just like a closed company... by Anonymous Coward · · Score: 0

      He intends to cut pay checks to contributers based on their ratings by other members of the community.

  2. unionslol. by gandhi_2 · · Score: 0

    You think your unorthodox HR practices will protect you from labor laws and unions? LOL!

  3. I don't think it will work... by Thelasko · · Score: 4, Interesting

    This is the kind of thinking that made the hippie commune into the corporate juggernaut it is today. By "corporate juggernaut" I mean, virtually extinct.

    The best "Open" corporate structure I've ever head of was a company that had a policy where no person could make more than seven times as much money as any other person in the company.

    --
    One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    1. Re:I don't think it will work... by hemp · · Score: 0, Redundant

      When Steve Jobs started Next Computers, there were only two salary levels. Of course, it didn't last very long.

      --
      Skip ------ See the latest from http://www.anArchyFortWorth.com
    2. Re:I don't think it will work... by Thelasko · · Score: 2, Interesting

      When Steve Jobs started Next Computers, there were only two salary levels. Of course, it didn't last very long.

      If the leaders of the company are corrupt, there are many ways to get around these types of corporate rules. The first method that comes to mind is by creating an Enron style shell corporation. It's very difficult to create such a transparent corporate environment and keep it that way. However, for every Next, there is a Berkshire Hathaway, where the CEO makes a mere $100k/year.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    3. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      The best "Open" companies I've heard of are worker co-operatives. Like any company, some of these struggle and some do phenomenally well.

      In the bay area, check out The Cheeseboard Collective and, if you're so inclined, The Lusty Lady.

    4. Re:I don't think it will work... by mrlibertarian · · Score: 5, Insightful

      ...a policy where no person could make more than seven times as much money as any other person in the company.

      Imagine two goods, good A and good B, that are sold on the open market. Good A sells for a price that is eight times greater than good B. Person A was able to produce good A in one day, and person B was able to produce good B in one day. So, on the open market, person A makes eight times more money than person B in the same period of time. That means consumers have judged person A to be eight times more productive than person B, even if person B worked much harder!

      So, if person A and person B happen to be working for the same company, why shouldn't their boss pay person A eight times more than person B? Why should their boss come up with some arbitrary limit?

    5. Re:I don't think it will work... by Aladrin · · Score: 4, Insightful

      If that were the case, the company should seriously think about producing more of good A and less of good B.

      I get that it's a hypothetical, but it's not realistic. You're trying to force a choice when that choice doesn't really need to be made... There are other options.

      --
      "If you make people think they're thinking, they'll love you; But if you really make them think, they'll hate you." - DM
    6. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      morality?

    7. Re:I don't think it will work... by JoeMerchant · · Score: 4, Interesting

      The best "Open" corporate structure I've ever head of was a company that had a policy where no person could make more than seven times as much money as any other person in the company.

      Ben & Jerry tried that, gave it up after a few years... nobody wants to buy $23/quart ice cream and they just couldn't get competent executive management to stick around at 7x the salary of cost competitive labor.

    8. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      "The best "Open" corporate structure I've ever head of was a company that had a policy where no person could make more than seven times as much money as any other person in the company."

      So if your company is 10,000 employes. Do you plan to pay the guy sweeping your floors at night 100,000$ a year or do you plan to not be able to higher competent managers because you are only willing to offer your CEO 70,000$ a year (less than 10% of what he can make at a "normal" company)?

    9. Re:I don't think it will work... by Esc7 · · Score: 3, Interesting

      I know by your handle this is going to fall on deaf ears but:

      Your theoretical example is perfectly logical. Unfortunately I'm having a hard time transferring it to a real world example in my company, or other companies.

      Now if one person made oranges and the other made gold bars it would make perfect sense. But people don't "make" oranges. They pick them. Or they plant them. Or they tell people when to pick them or plant them. Or they supervise people who tell other people when to pick or plant or water them. A little more complicated now right?

      What people produce isn't really goods, it is "work" that is added to things to make them more valuable. Turning a lump of clay into a statue. Turning libraries and code into programs. Turning ore into metal. Turning disparate data into a useful statistical analysis for the rest of the company.

      Unless you're talking about yesteryear artisans and craftsmen, you're going to be hard pressed to find a person who completely produces a good with no help. In fact, some would say the whole point of modern industrialization is that we take complicated things and break them down so we can move any person around and still produce the same good.

      And when the production isn't an assembly line anymore and becomes this complex web of people who do jobs which effects are near impossible to quantify, well I would say hugely differing salaries are not as defensible. Plus having this "artificial" limit tells the employees that if there is a rising tide, it will raise all ships. People like fairness and equality and the feeling that someone gives a damn about you and if this policy accomplishes that, good for them.

    10. Re:I don't think it will work... by alen · · Score: 2, Funny

      very easy to set up, just outsource all the low paying stuff to contractors

    11. Re:I don't think it will work... by Eli+Gottlieb · · Score: 1

      Actually in Mondragon in the Basque country they have worker-cooperatives working as a corporate structure, but everyone else who tries it seem to behave like dumb hippies by overemphasizing the "worker-owned" bit and leaving the "business" to rot.

    12. Re:I don't think it will work... by Thelasko · · Score: 4, Insightful

      Imagine two goods, good A and good B, that are sold on the open market...

      I've been through the economic allegories hundreds of times before. All of us on Slashdot have. I've read the Wikipedia summary of Atlas Shrugged (sorry, I'm not reading it, too high of an opportunity cost), and have been through several semesters of college economics, accounting, and finance.

      I look around today and say to myself, I could run GM, Lehman Brothers, and AIG, into the ground just as well as anybody. Why shouldn't I get paid the big bucks like those guys? The fact is, they aren't worth what they get paid. There is some sort of flaw in that logic. If Ayn Rand was right, engineers would make more money than CEOs.

      Seven times the minimum salary isn't an "arbitrary limit", the owner of the company I mentioned spent quite a bit of time figuring out that amount. At the time I met the owner of that company he was making $350k and the janitor was making $50k. If the janitor wasn't worth $50k, he would fire him, it's that simple. He told me that the janitor was very good at his job, and had been working for him for many years.

      Policies like that encourage people to be conscientious about their work. It also reduces employee turnover, and hostility between the work force and the management. In the end, the company is more efficient because of it.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    13. Re:I don't think it will work... by Thelasko · · Score: 1

      Not that I don't believe you, but do you have a source to back that up?

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    14. Re:I don't think it will work... by aaandre · · Score: 1

      Because contribution is not only measured by resulting profit. In a company with integrity the commitment goes not only to profit but also to the stakeholders. Maybe person B's project contributes to the company in ways that are not measured in cash.

    15. Re:I don't think it will work... by Thelasko · · Score: 1
      The says:

      Mr. Holland will receive a basic salary of $250,000, more than the socially concerned company has ever paid but not an unusually high salary for a food company of its size.

      $250k/7=$35.7k, This was in 1995, but I'm guessing Ben and Jerry were using some factor smaller than 7 to determine pay. I consider $250k reasonable for a CEO and $36k reasonable for a factory worker.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    16. Re:I don't think it will work... by mikael_j · · Score: 1

      First of all, the word you're looking for is "hire", not "higher".

      Second, are you saying the only options are paying janitors $100k/year or paying them $10k/year ($70k/year being seven times the lowest pay means the lowest pay is $10k/year, I can't believe I feel the need to point this out on Slashdot of all places)?

      /Mikael

      --
      Greylisting is to SMTP as NAT is to IPv4
    17. Re:I don't think it will work... by Thelasko · · Score: 1

      very easy to set up, just outsource all the low paying stuff to contractors

      I covered this above.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    18. Re:I don't think it will work... by RobotRunAmok · · Score: 1

      I consider $250k reasonable for a CEO and $36k reasonable for a factory worker.

      In Vermont, perhaps.

    19. Re:I don't think it will work... by Austerity+Empowers · · Score: 4, Insightful

      Taking it farther, people would only wish to be producing good A, until the point where the market for good A drops in price down to where good B and good A have roughly the same margins.

      Treating people as commodities, you have the present situation in north america. Everyone is in a pile on to be "a leader" (by which I mean CEO), to get the top dollar. Very few people want to be the scientists, engineers, accountants, factory workers, janitors, nurses, etc. required to fund that CEO because the wages are low(er). People choose career paths that will lead them there, which often neglect the company fundamentals.

      Because of this problem, we have a shortage of the types of labor we want, but to avoid the unpleasant solution (amongst decision-makers) of paying higher wages based on need, we have are providing an escape valve via globalization strategies. We can back fill exportable jobs via cheaper foreign labor by taking advantage of arbitrage. This further exacerbates the problem locally, by reinforcing the trend to CEO-type positions (and janitorial/nursing, should that prospect look dim).

      In the long run, assuming no armed revolts, it will ultimately balance out. It's clear the time constant required for stability exceeds the lifetime of most of us here on slashdot. A better solution to achieve control sooner is to reduce the discrepancies in pay, and attempt to change our cultural values away from being "the" boss, to being a solid, reliable individual who is an expert in his chosen field.

      We all know that if you have a company of 80k people, and the ceo goes from getting 100M in a year to 0 in a year, it won't make a huge impact to each employee if spread equally ($1.25k/yr), but it may make a huge impact in driving the labor market the way we need it to.

      If CEOs are chosen based on the person with the best capability of leading organizations and making decisions, other factors removed, rather than the person who most wants to make a fortune... I think good things would happen to our labor market and our corporate governance.

      This isn't quite a hippie commune mentality, wages will vary based on need and difficulty in producing qualified individuals. But it will be more stable than the rabid elitist method we currently use.

      The question is how to produce this ideal when the people who have the money and/or authority who traditionally create and profit from a top-down model won't immediately benefit (or in fact would lose out). Since the investment for software projects is very low (particularly open source), it is interesting to see how ideas like these work and how they could be applied to other areas.

    20. Re:I don't think it will work... by JoeMerchant · · Score: 5, Informative

      Once a cornerstone of its socially responsible identity, the company removed its salary cap on the compensation of its highest paid employee in 1994. The company historically limited the salary of its highest paid employee to no more than five times the salary of the lowest paid worker (though the ratio was revised to seven-to-one in 1993). With the removal of the cap, the gap between the highest and lowest paid employee has risen to unprecedented levels. The ratio was an astounding 16-1 in 1998 and is even higher once the current value of unexercised stock options are factored in! Of course, even under the former stringent salary cap, the ratio was misleading for it did not take into account stock options for executives. http://leda.law.harvard.edu/leda/data/236/Patel,_Tupate_-_Paper.html

    21. Re:I don't think it will work... by Thelasko · · Score: 1

      +1 Good find!

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    22. Re:I don't think it will work... by ClosedSource · · Score: 2, Funny

      You mean Steve Jobs salary and everybody else's.

    23. Re:I don't think it will work... by ClosedSource · · Score: 3, Interesting

      The reason that CEOs get paid more than they are worth is that executive compensation is really a big circle-jerk.

      A CEO of one company is typically a board member of several others. Nobody in the game is motivated to keep salaries in check because they don't want to limit their own.

      In addition, placing a current club member on your board is often required if you want to become a public company.

    24. Re:I don't think it will work... by falconwolf · · Score: 1

      Ben & Jerry tried that, gave it up after a few years...

      Was that before or after Ben & Jerry's was bought?

      Falcon

    25. Re:I don't think it will work... by JoeMerchant · · Score: 2, Interesting

      I consider $250k reasonable for a CEO and $36k reasonable for a factory worker.

      Reasonable, yes. However, if you're CEO of a major international corporation handling bazillions of dollars worth of perishable product and turning better profits than most companies in your sector, you're going to be getting offers much higher than $250k per year, lots of offers.

      Personally, I'd be in favor of capping CEO pay at 7x of the lowest paid employee and allowing him to double that pay in the form of Call options of his choice against company shares. So, if he's making $25K per month, in any given month he can opt to "buy" $50K worth of call options at current market value in lieu of salary (he would have to hold the options to term and then receive their residual value on expiration.) Options are highly volatile, if he does good things for the company valuation he can make quite a bit of money, if he tanks it, he gets nothing. Or, he can just take his $25K per month cash. Make him announce what he's going to do (options vs salary wise) one month before the options are priced. Analysts would have a field day watching the CEO's choices.

    26. Re:I don't think it will work... by ClosedSource · · Score: 2, Insightful

      Are you suggesting that everyone capable of being a good CEO is employed as one already? We have all seen cases where the less qualified have been promoted due to slick self-promotion skills or company politics. Do you really think these factors are less prevalent when it comes to CEO appointments?

      The fact is that there isn't any evidence of a relationship between executive salaries and executive management skills.

    27. Re:I don't think it will work... by FrameRotBlues · · Score: 1

      Mod Up Informative!

    28. Re:I don't think it will work... by Thelasko · · Score: 1

      Wow, that was beautiful! You've gotten to the very core of the problem. But I have one question.

      Once the rest of the world industrializes, what will the CEO's do? They will have no where else to outsource and the price of goods will increase.

      Will there be a great revolution?
      Will robots take over for us?
      Will aliens take over for us? (we'll make great pets)

      Perhaps I'm getting to philosophical for Slashdot...

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    29. Re:I don't think it will work... by CodeBuster · · Score: 2, Insightful

      Why shouldn't I get paid the big bucks like those guys? The fact is, they aren't worth what they get paid. There is some sort of flaw in that logic.

      The world is frequently NOT a logical place because it is populated by many more stupid people making illogical decisions than smart people making intelligent and rational ones. This results in much of the available capital being concentrated, for various reasons having little to do with relative IQ, in the hands of people who are ambitious, corrupt, and ruthless but not necessarily smart. However, it is simplistic to say that because engineers are not the most wealthy members of society Ayn Rand was absolutely wrong.

    30. Re:I don't think it will work... by damburger · · Score: 1

      Perhaps what hippies hoping to form successful and long lasting cooperatives need is to first fight a futile struggle on two fronts against fascist and communist oppression for a few years?

      --
      If we can put a man on the moon, why can't we shoot people for Apollo-related non-sequiturs?
    31. Re:I don't think it will work... by jonaskoelker · · Score: 1

      If Ayn Rand was right, engineers would make more money than CEOs.

      Engineers would make more money than the incompetent CEOs who grind companies into the ground.

      As I understand it, part of a CEO's job is to allocate resources between different parts of a company. If that allocation is less critical to a company's success than the quality of engineering that goes into The Product, then yes, engineers would be paid more than CEOs. If the reverse is true, CEOs whould be paid more.

      What the actual case is, I don't know.

    32. Re:I don't think it will work... by serutan · · Score: 1

      The idea that consumers in your example have actually "judged" person A or person B is just a colloquialism used by economists. Consumers have no information about the efficiency of worker A or B, and therefore they can't be making a judgment in any realistic sense. Consumers could easily offset person A's higher efficiency by buying twenty times more of product B because they saw Christine Aguilera wear product B on television, and it would be no reflection on person A or B's worth.

      In addition, it's very unlikely in real life that two workers doing the same job at the same company would have a difference of a factor of eight in their efficiency. If anything like that happened, then either worker B has a serious problem that should be addressed or worker A is a prodigy who should be promoted to training the other workers.

      The idea of a 7x pay limit isn't incompatible with paying people more for better work. It's only meant to avoid wildly unrealistic assumptions about who deserves credit for the success of the team.

    33. Re:I don't think it will work... by Thelasko · · Score: 2, Insightful

      you're going to be getting offers much higher than $250k per year, lots of offers.

      There is something to be said for intrinsic motivation. Ideally, Ben and Jerry would have found a qualified CEO that would have the same love of ice cream that they have. I think this would have been a much better option for them. Unfortunately, a person like that is much harder to find.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    34. Re:I don't think it will work... by Zero__Kelvin · · Score: 0, Flamebait

      "I know by your handle this is going to fall on deaf ears but:"

      You can tell by his handle that his CB radio won't pick up your Slashdot post? I can make that determination with zero knowledge of his handle. You aren't one of these guys who elicits someones IP address by asking "What's your 20" are you?

      It is called a SlashID. Learn the terminology. Then learn to tolerate the terminology. Eventually you will love the terminology (OK ... I concede that I may have gotten carried away just a bit with that last one). ;-)

      "And when the production isn't an assembly line anymore and becomes this complex web of people who do jobs which effects are near impossible to quantify , well I would say hugely differing salaries are not as defensible." [Emphasis added]

      You say that like it is a foregone conclusion that you cannot quantify effort unless goods are produced. Compare and contrast my contributions the the Linux Kernel with Linus Torvalds' to see the folly in this assumption ;-)

      --
      Guns don't kill people; Physics kills people! - John Lithgow as Dick Solomon on Third Rock From The Sun
    35. Re:I don't think it will work... by Thelasko · · Score: 1

      Was that before or after Ben & Jerry's was bought?

      The CEO was hired in 1995 and the company was bought by Unilever in 2000.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    36. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      we only pay our employees for what they -do- not for their time. (25% of the profit generated usually)

      paying people per time unit makes them lazy.

      keeping lazy fucks artificially alive is not very good for evolution of the race.

    37. Re:I don't think it will work... by Atanamis · · Score: 2, Informative

      Seven times the minimum salary isn't an "arbitrary limit", the owner of the company I mentioned spent quite a bit of time figuring out that amount. At the time I met the owner of that company he was making $350k and the janitor was making $50k. If the janitor wasn't worth $50k, he would fire him, it's that simple. He told me that the janitor was very good at his job, and had been working for him for many years.

      What happens when that janitor retires, and new janitorial staff is needed? Does the firm now need to find another janitor worth $50,000, reduce the pay of all their top staff (who are doing excellent work and increasing the profitability of the company), or do without a janitor (forcing people making $100,000 doing highly profitable engineering to take time from their work to clean the bathrooms)? I fully intend to be a business owner in the future, and absolutely plan to tie my employees compensation to their performance and to the company's success. However, an arbitrary tie between the amount I pay my key innovators I would have a hard time replacing and the amount I pay someone to come in and clean the lobby isn't logical.

      Pay should be based on the value of the contribution, the difficulty of replacement, and the demands of the person you want to do the job. If I'm not happy with what I'm being paid, I start looking for a new position. I feel no loyalty to my employer to work for them if they aren't willing to compensate me adequately, just as they feel no loyalty to me if I don't produce enough value for them. If I like my employer, I'll let them know I'd like a raise before quitting or give 2 weeks notice (as a courtesy). If I don't like them, I'll just notify them I won't be working for them starting tomorrow because they aren't paying me enough (I have no long term contract). If they like me, they will tell me areas they'd like me to improve or how they need me to redirect my work from a non-profitable section of the company to something more useful. If they don't care about me (and most companies don't), they'll just let me know they no longer think they need me not to show up the next day.

      Honestly, I really don't understand this attitude of "corporate loyalty" people seem to have. It's like you're a medieval peasant with loyalty to your local noble. The attitude of "noblese oblige" where the upper class acts as father and protector to their people is long dead, if indeed it ever even existed. Workers today have power like never before in history. If you reward good employers with your work and punish bad employers by leaving, the bad employers will go out of business. If you can't find a good employer, save your money and start your own business. If the big CEOs are really as useless as you think, surely you can do better?

      --
      Atanamis
    38. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      I hear this has all happened before and this will all happen again.

    39. Re:I don't think it will work... by Richard_at_work · · Score: 1

      Salesmen would be the perfect example - if Salesman A brings in more trade than Salesman B, why should they receive the same compensation?

    40. Re:I don't think it will work... by Thelasko · · Score: 1

      After some research, I discovered that what I'm talking about is called the Planetary Phase of Civilization.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    41. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      If you could honestly make the determination, then of course you should. However, many jobs do not have such a clear valuation (traders and salespeople generally excepted) and the implicit assumption is that no person's work could legitimately be worth more than 7 times as much as someone else's.

      Of course, it's all a bit silly trying to value someone's work internally when you are in fact competing externally to retain good people as employees. In that sense, the rule is somewhat misguided. However, I do feel that companies often pay top-dollar for top-talent when in fact mediocre talent would do just fine; companies do that because they don't want to take that gamble. In short, high-earning employees are often over-valued by the company; this situation causes dissatisfaction among the rank-and-file, and the rule is intended to avoid such dissatisfaction.

      The rule presumably fails for large companies that employ a wide range of skillsets, but could work fine for small companies where in-fighting would be more likely to cause harm anyway.

    42. Re:I don't think it will work... by nsrbrake · · Score: 2, Interesting

      It looks to me that you're argument is based on the notion that the two goods A and B have no other cost associated with the production of said goods. Holding on to that, the only thing that separates the two goods must rely on scarcity? (supply and demand) to set the price. Even in that case, I am really curious as to how you can justify person A being paid more than person B...? Education? Experience? Being born in the right place? Cared for and raised by already wealthy individuals? Your claim and question that, person A's good is more valuable than person B's, have no bearing on their rate of pay. What is it that allows for one person to be entitled to more than another given the same effort put into it and ignoring the underlying costs which only affect the end price?

      I find this terribly interesting and encourage anyone who has thoughts and or an opinion on this matter to reply and help clarify what I'm missing. Obviously I'm missing something because mrlibertarian is describing how things currently work, which the vast majority of the world population seem to agree with.

      --

      Bah!
    43. Re:I don't think it will work... by JWSmythe · · Score: 1

          I'm not sure he quite caught on. I'll clarify some more for the dense. :)

          United States federal minimum wage, effective July 24, 2009 is $7.25. That puts a minimum wage employee at $290/wk, or $15,080/yr. That would in turn put the executive at 7x the minimum pay, at $105,560.

          So, they pay the guy cleaning floors $10/yr, which raises him to $20,800/yr, and the executive at $145,600.

          But, the "salary" of the executive isn't everything. It's very rarely even significant. An executive can make a $1/yr salary, and still live VERY comfortably. The executive gets perks. It's not unheard of for a prized executive to live in a company owned home, with company paid utilities, and driving a company owned car. Vacations are taken on the company owned airplane, to the company paid for hotel room (for the "business conference", they'll assure you), and of course cash will find it's way to him, to ensure the conference goes smoothly. Bonuses aren't usually considered part of the salary. If an executive does something good that increases company profit, he deserves a bonus. Sometimes he has a company owned girlfriend (the pretty secretary-with-benefits). Hey, that wasn't sexist. Complain to the guys doing it. I went down from the neighborhood of the executive pay, to the janitor pay, so I don't get any perks. Damn this economy.

          BTW, if anyone needs an executive who works twice as hard as he's paid for, give me a call. :) I don't neven need the company owned girlfriend, car, or "business conference" trips to Bermuda. Not that I'd complain, I just don't need them. :)

         

      --
      Serious? Seriousness is well above my pay grade.
    44. Re:I don't think it will work... by Thelasko · · Score: 1

      The world is frequently NOT a logical place because it is populated by many more stupid people making illogical decisions than smart people making intelligent and rational ones. This results in much of the available capital being concentrated, for various reasons having little to do with relative IQ, in the hands of people who are ambitious, corrupt, and ruthless but not necessarily smart.

      I'm with you up to this point.

      However, it is simplistic to say that because engineers are not the most wealthy members of society Ayn Rand was absolutely wrong.

      You lost me here. I think you are trying to say that Ayn Rand makes the incorrect assumption that corruption doesn't exist. However, it's this assumption that makes her wrong.

      Today's John Galt is the man stuck in middle management, struggling against the corruption at the top, not the proletariat.

      I'm afraid her ideas are just like the communism she is arguing against, good on paper, but impractical in real life.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    45. Re:I don't think it will work... by Tubal-Cain · · Score: 3, Funny

      Ideally, Ben and Jerry would have found a qualified CEO that would have the same love of ice cream that they have.

      Yes. We need more qualified 4-year-olds.

    46. Re:I don't think it will work... by Yvanhoe · · Score: 1

      The difference with hippie communes is the use of a trust metrics. It is very fundamental in that it still allows for evaluation and makes cheating far more difficult. Hopefully at least as difficult as it is in the current corporate world.

      --
      The Wise adapts himself to the world. The Fool adapts the world to himself. Therefore, all progress depends on the Fool.
    47. Re:I don't think it will work... by CodeBuster · · Score: 1

      If you are looking for the theory of everything in the writings of any one individual then you are likely to be disappointed. Ayn Rand had some good things to say about overbearing governments, among other things, that were relevant in her time and are still relevant (perhaps even more so) today; especially with the resurgence of people who believe in the "power" of President Obama to get them a job, pay their bills, and generally be their own personal messiah. I find it interesting that here on Slashdot, if one expresses admiration for the writings or works of a particular author then others automatically assume that you agree with absolutely everything ever written or said by that author.

    48. Re:I don't think it will work... by jopsen · · Score: 1

      Imagine two goods, good A and good B, that are sold on the open market. Good A sells for a price that is eight times greater than good B. Person A was able to produce good A in one day, and person B was able to produce good B in one day. So, on the open market, person A makes eight times more money than person B in the same period of time. That means consumers have judged person A to be eight times more productive than person B, even if person B worked much harder!

      Sadly, today marketing is probably the only thing consumers have judged... Not the product! Not the environmental aspects of the production! And not the conditions under which the workers who did the product worked!
      Sadly, consumers are stupid, really really seriously stupid.

      So, if person A and person B happen to be working for the same company, why shouldn't their boss pay person A eight times more than person B? Why should their boss come up with some arbitrary limit?

      If god was the boss he'd give them the same
      - Sorry, I couldn't help it, I just had to point it out :)

    49. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      > I consider $250k reasonable for a CEO and $36k reasonable for a factory worker.

      Man, I only wish I made $36k at the factory. And I'm "the one with the degree" ...

      Stupid economy.

    50. Re:I don't think it will work... by asjkld · · Score: 1

      The fact is, they aren't worth what they get paid. There is some sort of flaw in that logic. If Ayn Rand was right, engineers would make more money than CEOs.

      In light of that comment, the fact that the guy at the top of the "ladder" (i.e. designing the company strategy rather that the product) is making (so much) more, would seem more phallocratic than rational... ?

    51. Re:I don't think it will work... by despisethesun · · Score: 1

      If you're only paying your janitor $10k per year, you're a fucking asshole. I made more than that doing part-time tech support in a call centre.

      --
      This poo is cold.
    52. Re:I don't think it will work... by JoeMerchant · · Score: 1

      There is something to be said for intrinsic motivation. Ideally, Ben and Jerry would have found a qualified CEO that would have the same love of ice cream that they have. I think this would have been a much better option for them. Unfortunately, a person like that is much harder to find.

      Harder still to find someone who is intrinsically motivated to run a competitive worldwide operation. Making tasty ice cream in an old gas station for your friends and neighbors to buy and eat is a hell of a lot more intrinsically motivating than exchange rates, tariffs, multi-national labor costs, questionable human rights practices in low cost source countries, etc. etc.

      When I was younger, I thought I wanted to own and operate a small orange grove. Today I could afford to buy one, but I would only lose money at it. To make money you have to hire illegal labor to do the picking, and you also have to buy a grove large enough to get reasonable insurance against canker, med-flies, etc. If your grove is too small, there's a good chance (in Florida) that the state will force you to destroy all your trees if any canker is found. Buying a grove large enough to be a going concern means it has to be financed, and thus you have to make a good profit off the oranges to pay the loan. You also have to pump massive amounts of water out of the already overtaxed aquifer to ensure good crop yields, and other things that I wouldn't want to do. I'm intrinsically motivated to grow oranges, but not to make a competitive (or even break-even) business of it.

    53. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      And why should we reward people based on performance? Why should a smart person enjoy more luxuries than a dumb one? I regard human needs and wants as human rights: everyone should have whatever they need and whatever they like. We should all share everything we produce so that all of us can enjoy life to the fullest possible extend, no matter how much each of us contributes. I have no problem working more to help support people who do no work because I believe that every human has a right to have their needs met and their wants satisfied.

    54. Re:I don't think it will work... by fractoid · · Score: 1

      This is a cheap trick. My first job was at an ISP which was kind of a neverland for the company owners. They had free soft drink and it was relaxed and fun there, only paid McDonalds wages but hey, it was a foot in the door. Anyway, the owners were only paid at the same rate as everyone else, which stopped the peons complaining ("You want to be paid more than the company director? Who do you think you are?").

      I only realised afterwards that on top of their pitiful salary, the company directors actually owned 30% of the company each. So for every hour of consulting work I did, their net worth went up by about $25 each (there were three of 'em). Hell, a lot of big-company CEOs are paid a nominal $1 a year. They get millions in bonuses and dividends, of course, but their official salary is only $1.

      --
      Rampant carbon sequestration destroyed the Dinosaurs' tropical paradise. I'm here to help repair the damage.
    55. Re:I don't think it will work... by mattack2 · · Score: 1

      Devil's Advocate answer: So they don't sell expensive crap (e.g. Monster cables) to rubes just for the commission. In other words, *maybe* Salesman B is selling stuff that the customer actually wants/needs rather than selling for their own (the Salesman's) benefit.

      (I called it a Devil's Advocate answer because I think in many/most cases, the salesman who sells more should be paid more.)

    56. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      Exactly right, a succesful company is one that is close-knit, almost like a family, in support of that its logical that if guy A is making substantially more than guy B for whatever reason, guy A shares his earnings with guy B to a maximum of one-seventh his pay, probably far less.

    57. Re:I don't think it will work... by mattack2 · · Score: 1

      As another post said, $10k/year is below minimum wage.

      Plus, I don't know how "part-time" you were (i.e. how many hours you worked), but it seems to me like a tech support job requires comparatively far more experience than a janitor.

    58. Re:I don't think it will work... by fractoid · · Score: 1

      Maybe person B's project contributes to the company in ways that are not measured in cash.

      And this is why person B, who works in tech support or who maintains the 'intranet' web-app, gets paid beans and ends up all bitter, whereas the sales guy whose only assets are his perfect teeth and his ability to lie to the customer gets paid the big bucks and thinks he's a hotshot.

      --
      Rampant carbon sequestration destroyed the Dinosaurs' tropical paradise. I'm here to help repair the damage.
    59. Re:I don't think it will work... by despisethesun · · Score: 1

      You've clearly never worked in tech support. I went to college before winding up there because for all the stories about shortages in IT, it's still very tough to break into without experience, but among the people I met, I was the exception. For the most part, if you can search a knowledge base, and you can put up with very stupid people without exploding in rage, then you can do tech support. Most techs hate customers because they deal with stupid ones, and the inverse is just as true.

      --
      This poo is cold.
    60. Re:I don't think it will work... by Capsaicin · · Score: 2, Interesting

      Imagine two goods, good A and good B, that are sold on the open market. Good A sells for a price that is eight times greater than good B. Person A was able to produce good A in one day, and person B was able to produce good B in one day. So, on the open market, person A makes eight times more money than person B in the same period of time. That means consumers have judged person A to be eight times more productive than person B, even if person B worked much harder!

      Nonesense! Consumers have made no judgment whatsoever about Person A or B's productivity. They have judged Product A to be 8 times as desirable.

      Neither does it follow that Person A "makes eight times more" than Person B. The raw materials, transport and storage costs are significantly higher for Product A, meaning Person A and B earn exactly the same for the same effort over the same amount of time. If they didn't Person B would stop making Product B and make Product A instead this lowering the supply of Product B relative to Product A. This would continue until the same effort over the same time would yield the same profit for producers of Product A and B. We call this the "market mechnanism."

      If it were the case the Product B really were so much less desireable the Product A that it was not possible for equilibrium between the commoditites to be reached then we would have to import Product B from China, India or Bangladesh. We call this "capitalist imperialism." ;)

      --
      Better to be despised for too anxious apprehensions, than ruined by too confident a security. --Edmund Burke
    61. Re:I don't think it will work... by One+Monkey · · Score: 1

      One might say, then, that if growing oranges wasn't actually growing oranges then you would be intrinsically motivated to do it. I think the idea of intrinsic motivation is that you are motivated to do whatever it takes to accomplish your goal. If you are not thus motivated you are lying to yourself about your own motivations.

      --
      www.nodicerpg.com - Some RP stuff for free, some not so for free, but still cheap.
    62. Re:I don't think it will work... by Anonymous Coward · · Score: 0

      Because the world would be better if it were not be ruled by subjective, unfounded notions of value, and the boom-and-bust cycles that come with allowing our lives to be controlled by mere emotions such as faith, enthusiasm and panic, instead of logic, simplicity and timeless wisdom.
      Now go and genetically modify people so that we can live in a utopia.

    63. Re:I don't think it will work... by JoeMerchant · · Score: 1

      The people who are "intrinsically motivated" to do "whatever it takes" to be a top performer in the global economic landscape are generally "intrinsically motivated" by the one thing that measures performance in that arena: money.

      It is a rare person who loves making money at all costs, just so other people can have it.

    64. Re:I don't think it will work... by Thelasko · · Score: 1

      Making tasty ice cream in an old gas station for your friends and neighbors to buy and eat is a hell of a lot more intrinsically motivating than exchange rates, tariffs, multi-national labor costs, questionable human rights practices in low cost source countries, etc. etc.

      From the Wall Street Journal:

      Another tough area Mr. Toyoda must tackle promptly is the excess manufacturing capacity in Japan. In the late 1990s, when a strong yen made Japan a costly place to make cars, Toyota slashed capacity at home and added production overseas.

      But the yen reversed its direction, weakening to as low as 120 to the dollar between 2005 to 2007. Toyota decided to take advantage and do more of its manufacturing at home, since a weak yen has the effect of making exports more profitable. By 2007, it was producing 4.23 million vehicles in Japan -- a million more than it made just eight years before.

      That move was directly at odds with Toyota's long-held philosophy not to make long-term decisions on where to put factories, based on short-term currency-exchange rates, which can swing rapidly.

      It's best not to worry about these things and concentrate on the product. Due to the decisions made above, Toyota lost money for the first time in 59 years.

      The article also notes:

      Akio Toyoda has long preached a traditional Toyota practice called genchi genbutsu, a leadership maxim that boils down to get out of your office and visit the source of the problem. For the past year, Mr. Toyoda has been practicing genchi genbutsu to quietly collect evidence that the company had strayed, according to people familiar with the situation.

      A CEO that will go out into the factory and make some ice cream is exactly what Ben and Jerry needed.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    65. Re:I don't think it will work... by Thelasko · · Score: 1

      I only realised afterwards that on top of their pitiful salary, the company directors actually owned 30% of the company each. So for every hour of consulting work I did, their net worth went up by about $25 each (there were three of 'em).

      Owning the company is quite different. The money they received was their reward for taking the financial risk of starting the company. If they did a bad job of running it, they could have lost their life savings.

      I should point out that a CEO does not necessarily own the company. The CEO is hired by the company's owners to be in charge of day to day operations. Many times the company's owners select one of themselves to be the CEO, but this is not necessarily the case. It's a job just like any other.

      What people are currently upset about is that many corporate CEOs lost the owner's money, yet still collected millions in bonuses. That's just wrong.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    66. Re:I don't think it will work... by JoeMerchant · · Score: 1

      A CEO that will go out into the factory and make some ice cream is exactly what Ben and Jerry needed.

      I firmly believe it's what the world needs... but there are many mechanisms in place that reward ruthlessness over doing the right thing for your employees / coworkers / neighbors / environment / etc. If those could be systematically erased, we would be making real progress.

    67. Re:I don't think it will work... by mrlibertarian · · Score: 2, Interesting

      Holding on to that, the only thing that separates the two goods must rely on scarcity? (supply and demand) to set the price

      Price is always determined by supply and demand; cost is irrelevant. If I try to sell you a house, do you care about how much money I spent fixing it up? No, you only care about the end product.

      I am really curious as to how you can justify person A being paid more than person B...?

      Because the market is not a meritocracy. Consumers do not pay producers for working hard, for being highly educated, etc. Consumers pay producers because they value the end product. Often times, the market will look like a meritocracy, because hard work tends to result in more productivity. But it is consumers who decide winners and losers.

      My point is that if you want to run a business that is as profitable as possible, then you should try to pay employees according to how much productivity they add to the company. In other words, if the employee was actually a third-party vendor, how much would you pay them for their product?

      To the extent that you rely on silly rules (e.g. I won't pay Joe more than 7 times what I pay Bob) instead of relying on the market's method of valuation, you will be giving your employees the wrong incentives. That eventually leads to less than optimal productivity for your company as a whole, which hurts your bottom line. And a lower bottom line means that consumers are telling you, through their actions, that they do not value your end product as much. That's not a good thing, IMHO.

    68. Re:I don't think it will work... by mattack2 · · Score: 1

      No, I haven't worked in tech support (well, it seems like MOST computer people do 'tech support' for their family).

      Maybe "far more" was too superlative, but it still seems to me like "you can search a knowledge base, and you can put up with very stupid people without exploding in rage" is still more difficult/requires more experience than mopping a floor.

      (No, I've never been a janitor either.)

    69. Re:I don't think it will work... by soren202 · · Score: 1

      maybe some things are easy to sell, but provide little profit.

      If salesman B sells only 3 things, but each brings in 100 in profit, then he should get more money than salesman A who sells 100 things worth $1.

      Then you could also say that salesmen A creates a better name, and counter that by saying that salesman B reduces necessary overhead, or allows for more useful overhead (advertising, etc) and so on.

      Things are never black and white like this. Examples involving Salesmen A and B rarely work when addressing such an open issue.

  4. communism by Em+Emalb · · Score: 1, Flamebait

    -1 flamebait.

    But seriously. how do you expect to make a profit? Why form a company?

    nothing to see here, move along.

    --
    Sent from your iPad.
    1. Re:communism by Quothz · · Score: 1

      But seriously. how do you expect to make a profit?

      I suspect they plan to sell a product. Possibly, and I'm going out on a limb here, the existing product the established company already sells.

    2. Re:communism by Em+Emalb · · Score: 0, Offtopic

      good to know the mods are on top of it.

      Do people often put -1 flamebait in their subjects so people will know how to appropriately mod?

      This one is + 1 interesting and also -1 off topic.

      --
      Sent from your iPad.
    3. Re:communism by nschubach · · Score: 1

      If you had the proper infrastructure, it could be based on a proportion of work done on the project that is sold. How you measure that work is another issue. They are using a peer review system to do it. It would be like getting paid part of the ad revenue to post insightful comments on Slashdot stories...

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    4. Re:communism by jeffshoaf · · Score: 1

      It would be like getting paid part of the ad revenue to post insightful comments on Slashdot stories...

      Them most posters would end up owing money...

      --
      Putting the "anal" back into "analyst"...
    5. Re:communism by JAlexoi · · Score: 1

      Since when a commune can't make a profit?

  5. This looks promising by Anonymous Coward · · Score: 0

    This looks as promising as the dirty hippy factory I built last year. Buy one dirty hippy get one free, for a limited time at DirtyHippyFactory.com. Offer void in Ohio and where prohibited by law. Limit 2 dirty hippies per household.

    1. Re:This looks promising by JWSmythe · · Score: 1

          Sorry, your site is down. I needed a couple dirty hippies to handle some dirty work. Too bad I can't order them today. Maybe your site will be up tomorrow. :)

      --
      Serious? Seriousness is well above my pay grade.
  6. sit on my ass by mikey177 · · Score: 2, Interesting

    so i can sit on my ass reading slashdot all day and say that i am contributing to research and development.

    1. Re:sit on my ass by Kell+Bengal · · Score: 4, Funny

      That's disconcertingly close to what I actually do.

      --
      Scientists point out problems, engineers fix them
      altslashdot.org: The future of slashdot.
    2. Re:sit on my ass by Quothz · · Score: 1

      so i can sit on my ass reading slashdot all day and say that i am contributing to research and development.

      Sure, but by the model they've outlined, you won't earn anything for it unless other contributors find it valuable.

    3. Re:sit on my ass by stevied · · Score: 2, Interesting

      Sure, but by the model they've outlined, you won't earn anything for it unless other contributors find it valuable.

      And they might. Back in the late 90s, I spent "far too much time" reading and browsing when I should have been coding, but the flip side was that I knew just enough about all sorts of emerging technologies to judge whether it was worth us investing them, and to recommend them to my colleagues. (The running joke became that I knew everything, but actually I knew just enough about a lot of things to know where to go for more information.)

  7. Like Home by Mikkeles · · Score: 1

    It's just like staying in the comfort of your own home, indulging in your hobby of programming, only you're somewhere else!

    --
    Great minds think alike; fools seldom differ.
    1. Re:Like Home by Quothz · · Score: 1

      It's just like staying in the comfort of your own home, indulging in your hobby of programming, only you're somewhere else!

      Exactly like that, except you would not, in fact, be somewhere else. Oh, and you get money (if the company makes any, and you've contributed). So basically, it's just like the opposite of what you said, except for the word "programming".

  8. apples and oranges by mapkinase · · Score: 1

    It seems that running a successful business or venture, profit or not is more complex task than writing software.

    It is simple to see on the example of open software open company.

    Open software company: open code + choice company organization of sails, marketing and distribution (that can include "open company" if it is profitable)
    Open software open company: open code + one particular type of company organization (no boss).

    First method has more variability than the second and have more chances to survive.

    --
    I do not believe in karma. "Funny"=-6. Do good and forbid evil. Yours, Oft-Offtopic Flamebaiting Troll.
  9. There's already a name for this... by Chris+Missiles · · Score: 3, Informative

    I think the new buzzword for this is "crowdsourcing".

    1. Re:There's already a name for this... by gandhi_2 · · Score: 1

      clownsourcing.

    2. Re:There's already a name for this... by poot_rootbeer · · Score: 4, Insightful

      I think the new buzzword for this is "crowdsourcing".

      I was thinking more along the lines of "abandonware".

      No longer interested in being the sole contributor to your yet-another-editor software project? Send out a press release touting it as a new paradigm in "Open management"!

    3. Re:There's already a name for this... by swb311 · · Score: 1

      Before giving your two weeks notice and joining an "open company" I would suggest also making sure that the unemployment office is "open". Yes, I laughed all the way to the bank.

  10. Cool by Quiet_Desperation · · Score: 5, Funny

    They can invent "Open Bankruptcy" next. Call me when they reach "Open Assets Selloff" by the creditors.

    What? Too cynical? Is that even possible anymore?

    1. Re:Cool by Anonymous Coward · · Score: 0

      I think they already created an "Open smart asshole trying to explore stupid geeks and get them working for free with the promise of some communist utopia".
      This DOESN'T WORK! People work FOR MONEY! Money buys happiness, money buys hot cars, money buys big houses, money buys hot girls.
      An open company means that some smart asshole will be buying all this stuff with my work, and I will think I am a hippie walking naked and coding. Come on, Microsoft started this way, and everybody knows where they are now. Bill Gates is not a poor hippie living on a tent.
      Money talks, BS walks! No money, no honey.

  11. Re:Ok, I will join! by Quothz · · Score: 5, Informative

    Oh, you mean this company is not going to pay me and I should work for free?

    Read. The. Fucking. Article.

    No, really.

  12. Bzzzzzzz bzz bzzzzz bzzzz by Quiet_Desperation · · Score: 3, Funny

    Or cloudsourcing. No. Crowdcomputing? Wait... Clouds of crowds sourcing computers?

    1. Re:Bzzzzzzz bzz bzzzzz bzzzz by menkhaura · · Score: 1

      Just try imagining a beowulf cluster of that!

      Er... I'm getting old... going to bed now.

      --
      Stupidity is an equal opportunity striker.
      Fellow slashdotter Bill Dog
    2. Re:Bzzzzzzz bzz bzzzzz bzzzz by nacturation · · Score: 1

      Given the unlikelihood of this succeeding, I think Clownsourcing is most appropriate.

      --
      Want to improve your Karma? Instead of "Post Anonymously", try the "Post Humously" option.
  13. Still sounds like a boss by inputdev · · Score: 1

    All income in the company (minus operating expenses), will be passed through the trust metric and distributed to participants -- emphasis mine. Who's determining his own salary?

    1. Re:Still sounds like a boss by flaming+error · · Score: 2, Insightful

      Yeah, it kind of sounds possible to use trust metrics to distribute the salary. But what kind of trust metrics?

      If he uses his example of advogato, then co-workers would upmod their peers. But I'm not sure that structure creates the right incentives for modders - if I upmod some stranger, he gets a bigger piece of the pie - every upmod I do makes my take smaller. Every downmod makes my piece bigger. And if friends upmod friends, maybe they'll be expecting some kind of reciprocity.

      This "opem source company" is a really interesting idea, but to the extent that trust metrics can be gamed, the concept can be broken.

    2. Re:Still sounds like a boss by stevied · · Score: 1

      if I upmod some stranger, he gets a bigger piece of the pie - every upmod I do makes my take smaller.

      Only if the pot stays the same size. If your upmod encourages someone to make the product / company more competitive, and the revenue grows, you both win.

  14. Trust Metrics by stoolpigeon · · Score: 1

    Want a glimpse of how this works out? Think about Karma on slashdot or karma on reddit. If you've participated attentively in either of those systems you already know how problematic this will be.
     
    First time I read Down and Out in the Magic Kingdom, I thought the idea of huffy was pretty cool. Since then, seeing how such popularity systems work on the web has made me realize it may not be that great a system.

    --
    It's hard to believe that's how Micronians are made. Why don't we see it right now by having you both kiss one another?
    1. Re:Trust Metrics by YttriumOxide · · Score: 2, Insightful

      Want a glimpse of how this works out? Think about Karma on slashdot or karma on reddit. If you've participated attentively in either of those systems you already know how problematic this will be.

      Honestly, I've seen a lot of people complain about the Karma/moderation system on slashdot, but I've never seen a problem with it. I actually find it works quite well (for me at least). If I'm having a really bad day and write a flamebait sort of post, it'll generally be modded as such. The majority of my posts don't get modded at all, and when I write something that particularly interests people, it tends to get up-modded accordingly.

      It may just be that I've never been targetted by any of those types that downmod based purely on their personal feelings of me personally, but looking at the mods in general on posts, I do tend to agree with them, so clearly it's working in general at least.

      --
      My book about LSD and Self-Discovery
      Also on facebook as: DroppingAcidDaleBewan
    2. Re:Trust Metrics by Qzukk · · Score: 2, Insightful

      The most recurring complaint I've seen with the slashdot mod system is from people complaining that it enforces groupthink. In otherwords, it's perfect for a corporate environment.

      --
      If I have been able to see further than others, it is because I bought a pair of binoculars.
    3. Re:Trust Metrics by YttriumOxide · · Score: 1

      I can see how groupthink could occur from such a system, but I really don't think it does happen all that much in reality. If you look at the comments on any article, you'll generally find quite a lot of "disagreement" and people being modded up (and down) on both sides of any debate. I'll concede that it may be bad for completely "off the side" arguments in some cases, but I really don't think all. I also think that a trust metrics system as proposed in TFA would work even better, since it'd be mostly free of the kind of petty attitudes that do from time to time negatively affect the slashdot mod system.

      --
      My book about LSD and Self-Discovery
      Also on facebook as: DroppingAcidDaleBewan
    4. Re:Trust Metrics by bigstrat2003 · · Score: 1

      Speaking from personal experience, the system is broken. On two separate occasions, I've gone from the karma cap to neutral or bad, just because I got involved in a lively debate, and had the nerve to take up a position the moderators that day disagreed with.

      So yes, it does happen. It happened to me twice.

      --
      "16MB (fuck off, MiB fascists)" - The Mighty Buzzard
    5. Re:Trust Metrics by maxwell+demon · · Score: 1

      As the article states: "The key is in a technology called Trust Metrics. In essence this is a technique for rating each other, but with the key distinction that the way ratings are calculated makes cheating ineffective. This is a new technology, which has not been applied for this purpose before, but it has already proven itself as the underlying principle behind such well known technologies as Googles pagerank and the certifications on Advogato."

      Google's pagerank makes cheating ineffective? I guess all those google bombs existed only in my imagination ...

      --
      The Tao of math: The numbers you can count are not the real numbers.
    6. Re:Trust Metrics by YttriumOxide · · Score: 1

      Are you sure it was your position that they were disagreeing with and not the way that you said it?

      Remember, people on the 'net can't see you or hear the way your post sounds in your own head. For that reason, I am generally very careful to phrase my posts in such a way as to remove as much ambiguity about my thoughts as possible, and also reply in as civil a manner as possible to avoid my manner being misconstrued as anything else (except on the aforementioned bad days, when I quite rightly deserve flamebait mods). Even when I think someone is dead wrong, I know that flat out saying, "You're wrong" is going to be modded (quite rightly) as a troll no matter how many other valid points I make in the same post. A little civility goes a long way to keeping good karma 'round these parts.

      (note: I haven't looked at your post history, so it's possible you may be completely correct, but I've seen other people say the same thing, and it's quite clear why they were modded down in the instances that they were - if you could link to the posts in question where you believe you were unfairly modded, that might give some more weight to your claim)

      --
      My book about LSD and Self-Discovery
      Also on facebook as: DroppingAcidDaleBewan
    7. Re:Trust Metrics by gknoy · · Score: 1

      I've seen a lot of people complain about the Karma/moderation system on slashdot, but I've never seen a problem with it

      I think that moderation in a public forum (like Slashdot) can be much more equitable than in a small group of humans:

      - Moderation is anonymous
      - Most of the people you are moderating are complete strangers
      - Most moderators are unmotivated to moderate abusively, as there's nothing for them to gain from it
      - There's a large enough pool of people that moderation can be distributed "fairly" (in theory?).

      At work, I certainly don't feel like I know enough about what the hell other people are doing to be able to competently "rank" them or "moderate" their work. I don't feel like anyone has a shortage of cluefulness or skill, it's just that I don't know how ranking their contributions could be an honest thing, as I am worried that I might undervalue someone's accomplishments. Part of this is that few of my direct coworkers are programmers (some are engineers), and part is that significant portions of our programmers are working on Other Projects or in another office.

      I worry that trust rankings of coworkers would devolve (even if only subconsciously) into a "who has helped me" metric. Your peers rate their contributions based on what they feel is important. Considering a lot of what we do are things like "Fix X software error" or "make Y integrate properly", it's difficult for some of the tasks which are important in the abstract to seem important to people. I worry that a collaborative trust metric among a small group would end up being a measure of who was most willing to Do Something for other people -- solve their problems, answer questions (do their work?)... and, of course there's my core worry that as humans competing for resources (profit share), they'd be unable to truly honestly rate one another.

      Now, in a company that's small enough to only really be working on a single project (or meta-project), where people can communicate enough to grok the problems in their entirety, I guess it might work better... but I am skeptical. I hope it works out well, as it sounds like it could potentially be a dream job.

    8. Re:Trust Metrics by stoolpigeon · · Score: 1

      You have a good point. Also - cheating isn't the biggest issue. The primary issue I see is that depending on the crowd to find and recognize all valuable effort is misplaced trust. Often what get's the most attention has nothing to do with real value to the group at all. And many things that could be very valuable are overlooked. How long will someone work for your open company when no one notices what they do or rewards them for it?

      --
      It's hard to believe that's how Micronians are made. Why don't we see it right now by having you both kiss one another?
    9. Re:Trust Metrics by orclevegam · · Score: 1

      In the past I feel I've been unfairly modded, both up and down, although generally more down than up, and more often than not my posts receive no moderation at all. Still, even with the odd down mod (oddly enough the ones I disagree with the most tend to be meta-mods, overrated in particular seems to be used quite often), and a few not so odd that I probably did deserve, so far as I've been able to tell my karma has always remained excellent. How much down modding would you need to receive in a day to go from excellent to neutral or bad? Is there a way to see a numeric value for you karma? What's the karma cap?

      I like you tend to try to post in as neutral and non-confrontational a way as possible, as I tend to think of /. comments as a debate rather than a shouting match where well reasoned thoughts and strongly supported arguments will carry far more weight than any personal attack (even if that isn't always strictly speaking the case).

      I think in the case of this proposed business model the hardest part is going to be fine tuning the rating system, and cultivating a active, motivated, and beneficial community around the company, with that last part being the most important factor. Often times the difference between a successful open source project and a failure can be traced directly back to the community surrounding it, and I have a feeling introducing monetary incentive into the mix is probably going to be a strong attractor for exactly the wrong kind of crowd you're looking for. I'm going to be watching this experiment as it's an interesting concept even if I'm not particularly optimistic about its chances for success. Who knows, maybe if this one fails we'll learn something that will improve the odds of the next attempt actually working.

      P.S. I like your sig.

      --
      Curiosity was framed, Ignorance killed the cat.
    10. Re:Trust Metrics by Teancum · · Score: 1

      From my own experience on /., most of the time I've been moderated positively when I've made a clear and articulate comment that often includes some new information in the discussion. Rarely, if ever, do I get moderated down for comments of this nature.

      On a few occasions, I inject my political opinions into the discussion, and mostly if those are well written they'll either go by unmoderated or get tweaked slightly in a generally positive direction. There are a few /. readers who try to promote their political points of view at the expense of other viewpoints... but I tend to find that an exception to the rule.

      I did get severely modded down somewhat recently due to a comment that I think was mostly due to political viewpoints. For me, however, that has been an exception and was an atypical experience for me on slashdot. I'll also be honest and say that it wasn't the best of my prose as well, and I could have avoided the submit button in the first place. Indeed, I've been hitting the cancel button far more lately, even after writing something rather substantial. I just didn't think it was necessary to publish such comments after I reviewed them... using my own standards.

  15. Re:Seriously.. has no one read Atlas Shrugged by Atlantis-Rising · · Score: 2, Insightful

    Atlas Shrugged is not actually a history book. It's not even a good piece of fiction, and the economics and politics therein are laughable.

    --
    "It is possible to commit no errors and still lose. That is not a weakness. That is life." -Peak Performance
  16. Re:Seriously.. has no one read Atlas Shrugged by Hillgiant · · Score: 0, Flamebait

    Go Galt already, asshole. I'm tired of your incessant whining.

    --
    -
  17. Anonymous Coward by Anonymous Coward · · Score: 0

    If it's all about open source and free software - why is there a "trial version" and licence fee for the software?

  18. Re:Seriously.. has no one read Atlas Shrugged by Anonymous Coward · · Score: 2, Insightful

    "Atlas Shrugged" is a *history* book? Perhaps you should read it again, this time more carefully.

  19. Have you heard of John Lewis? by Anonymous Coward · · Score: 2, Informative

    The best 'Open' corporate structure I've heard of is the John Lewis Partnership in the UK.

    ALL employees are 'partners', from the shelf stackers in Waitrose to the head honcho of the group. Yes the pay varies, but they all get the same bonus as a percentage of their salary.

    The percentage is announced at the same time across all stores. By all accounts it's a very good place to work.

    -Ben

    1. Re:Have you heard of John Lewis? by Anonymous Coward · · Score: 0

      Look into the Mondragon Cooperatives in Spain, they have a very interesting approach. http://en.wikipedia.org/wiki/Mondragn_Cooperative_Corporation

    2. Re:Have you heard of John Lewis? by mfnickster · · Score: 1

      Friggin' Slashcode form handling... so 1990's.

      The link above is supposed to have an acute-accented 'o' between the 'g' and the 'n'.

      --
      "Slow down, Cowboy! It has been 3 years, 7 months and 26 days since you last successfully posted a comment."
    3. Re:Have you heard of John Lewis? by nschubach · · Score: 1
      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
  20. an idea whose time has come by damas · · Score: 1

    This sounds a lot like the idea I had 1 year ago , but never had time to put in practice. [I'm still slaving for a "corporate juggernaut"]

    I was planning to call it the Virtual Company - a completely flat structure where teams and individuals work on commercial / open projects of choice. [By the way I know some great sales guys with telecom contacts which can pull in contracts worth several million / year ].

    Now I see the same idea on slashdot. The time has come for revolution ;-) Going to RTA as soon as I finish the Customer Solution Description I'm working on (probably around 3 AM local time).

  21. And it is all voluntary. by 140Mandak262Jamuna · · Score: 1

    Great idea! Why don't you all come and work for my company for free!

    --
    sed -e 's/Chuck Norris/Rajnikant/g' joke > fact
    1. Re:And it is all voluntary. by Ninnle+Labs,+LLC · · Score: 1

      Except if you weren't a moron you'd notice he isn't asking you to work for free!

  22. Re:Ok, I will join! by Red+Flayer · · Score: 3, Insightful
    You should upgrade to DaveV2.0 (I heard the feature set includes RTFA'ing).

    There is a trustrank plan for assigning compensation, which is a little farfetched, IMO. FTA:

    By basing the compensation on continuous rating by your peers, it becomes possible to start out by just participating a bit in your free time, and then gradually, as your ratings increase, spend more and more time on the project.

    The problem is that any kind of trustrank system can be gamed. This would likely degenerate into a core clique that games the system to reward themselves disproportionately -- even if the concept ever got off the ground.

    Never mind the people who make valuable contributions that are unpopular among code contributors (such as marketing, sales, accounting, etc).

    --
    "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  23. Re:Ok, I will join! by Tokerat · · Score: 1

    Oh, you mean this company is not going to pay me and I should work for free?

    Read. The. Fucking. Article.

    No, really.

    Lower UIDs concur.

    --
    CAn'T CompreHend SARcaSm?
  24. Clogged pipes by Anonymous Coward · · Score: 2, Funny

    I bet the have no janitor...

  25. Re:Ok, I will join! by Anonymous Coward · · Score: 0

    Kind of like the Prisoner's Dilemma. Now we'll have everyone giving each other high marks so everyone will get high pay.

  26. Who gets the scut work? by schwit1 · · Score: 1
    'the real freedom zero': the freedom to decide for yourself what you want to work on.

    What happens when nobody wants to do the unglamorous, low paying work?

    1. Re:Who gets the scut work? by damas · · Score: 1

      In that case I assume somebody will get payed to write a program to do the job.

      Or they will have to increase the pay...

    2. Re:Who gets the scut work? by Ninnle+Labs,+LLC · · Score: 1

      # mnp Says:
      March 24th, 2009 at 9:53 am

      Who will do the unpleasant jobs in the business, say, cleaning the bathroom or cold calling or arranging financing, and how will they be compensated, by the same rating system?

      Well, none of those are an issue in the company as it is now, and I don't expect it to become so in the future (the benefits of running a virtual company with low overheads). But obviously there are some activities that are less attractive than others.

      I expect that there will be some participants who will identify enough with the company that they are willing to do those tasks when they show up (I know I will feel that way), especially if their income increases when the company is succesfull.

      Italicized part is from the owner.

    3. Re:Who gets the scut work? by nschubach · · Score: 1

      Someone will vote up the poor SOB that had to go in and clean up those sections. Maybe even a couple people will.

      --
      Every time I start to have faith in humanity, I ruin it by driving to work between 7 and 8 am.
    4. Re:Who gets the scut work? by Zarf · · Score: 1

      I don't know what their plans are but I would make unglamorous work pay more. If it is unglamorous and very worth while then you pay people well to do it. If it is unglamorous and worthless why even ask for it to begin with? If you need it done, then pay for it to get done. That particular problem seems simple.

      --
      [signature]
    5. Re:Who gets the scut work? by stevied · · Score: 1

      In the short- to medium- term: the company can decide to contract that stuff out, presumably.

      Long-term: you might be surprised how many people would happy doing something relatively menial if they're doing it for people they like and in the aid of cause that seems worthwhile. The biggest problem I can see is getting people to notice the small stuff enough to allow the guy who cleans the loos to get some money ..

    6. Re:Who gets the scut work? by Anonymous Coward · · Score: 0

      If it needs to be done the reward for doing them will go up in proportion to the need. Who says it needs to be low-paying? Wouldn't you clean the toilet if the reward got ranked up to $100 for doing 15min of work when you had an idle moment?

      m

    7. Re:Who gets the scut work? by Anonymous Coward · · Score: 0


      What happens when nobody wants to do the unglamorous, low paying work?

      We make you do it.

      HTH

  27. Open source governance by Anonymous Coward · · Score: 0

    This is reminiscent of open source governance. However the concept is a little more sensible in the realm of governance, where people are (allegedly) not actively trying to make money.

  28. "releasing the source" on a tight leash by mattdm · · Score: 2, Informative
    From the blog post:

    The source will be made a available, so that users can study and modify the application for their own needs. If they want to contribute their changes back, they can submit them for review. To discourage piracy, a tiny but essential core (also containing the licensing code), will be kept private (at least until users reach a certain rating).

    Earlier in the post it says "The central dilemma of Open Source is, and has always been, how to make a living doing it" -- but then it turns out that the actual plan is a non sequitur.

    1. Re:"releasing the source" on a tight leash by Zarf · · Score: 1

      From the blog post:

      The source will be made a available, so that users can study and modify the application for their own needs. If they want to contribute their changes back, they can submit them for review. To discourage piracy, a tiny but essential core (also containing the licensing code), will be kept private (at least until users reach a certain rating).

      Earlier in the post it says "The central dilemma of Open Source is, and has always been, how to make a living doing it" -- but then it turns out that the actual plan is a non sequitur.

      I'd say that's the biggest flaw. There's no way to open source something and simultaneously have a concept of piracy let alone the concept of the prevention of piracy.

      --
      [signature]
    2. Re:"releasing the source" on a tight leash by stevied · · Score: 1

      It sounds like a fairly reasonable pragmatic approach to enable bootstrapping of the system. Hopefully in the short-term the prospect of $$$ will override people's moral objections to the closed-source core, and in the long-term it would prove itself unnecessary, or at the very least the closed core would be accessible to enough users/developers that everybody would know somebody who they trusted who could access that core ..

  29. Re:Ok, I will join! by Quothz · · Score: 1

    Never mind the people who make valuable contributions that are unpopular among code contributors (such as marketing, sales, accounting, etc).

    That's a valid point. I suspect necessary services such as accounting are an outsourced cost, not part of the internal system, although I confess I haven't dug that deep.

    Technical writers, sales, and such may get the shaft, if programmers turn out to (a) be overwhelming in numbers relative to other folks, and (b) be short-sighted enough to rank down non-programmers in the trust system regardless of work quality. It'll be interesting t'see how it plays out.

  30. I have a question, though by Anonymous Coward · · Score: 0

    Can I work from home??

  31. Digging through the references. by Samschnooks · · Score: 3, Funny
    Digging through the references, I got here. Then I saw this

    Slashdot introduced its notion of karma, earned for activities perceived to promote group effectiveness, an approach that has been very influential in later virtual communities.

    So, to get paid more, you just say that Apple did it better and the Microsoft's version sucks and the best implementation is in Linux?

    And to get vacation do you post stuff to get "Funny" ratings like; "Imagine a Beowulf cluster of e-editors" or "In Soviet Russia the e-Editor you!" and then there's the "All your e-Editors are belong to us!"

    Yep, the Open Business, sounds like a great way for the Karma whore to make a living!

    1. Re:Digging through the references. by Anonymous Coward · · Score: 0

      Wait, you mean I can get fired for showing goatse to my colleagues?

  32. A central office to manage a decentral business by hamanaka · · Score: 1

    I just wrote a business plan for a business that creates and manages open source Joomla websites. One of my goals is to create environments where everyone can cluster their thoughts. the business plan is on my website vertualize.com I just turned in the business plan yesterday for a competition in Northern California.

  33. Re:Seriously.. has no one read Atlas Shrugged by Hemogoblin · · Score: 3, Informative

    Getting really offtopic, but I thought I'd share this interesting Economist article regarding Atlas Shrugged.

    Atlas felt a sense of deja vu
    Feb 26th 2009
    The economic bust has caused a boom for at least one author

    BOOKS do not sell themselves: that is what films are for. "The Reader", the book that inspired the Oscar-winning film, has shot up the bestseller lists. Another recent publishing success, however, has had more help from Washington, DC, than Hollywood. That book is Ayn Rand's "Atlas Shrugged".

    http://www.economist.com/finance/displaystory.cfm?story_id=13185404

  34. Sounds Like an Open Co-op by Doc+Ruby · · Score: 4, Insightful

    The guy doing this determines the operating expenses, including (I'd assume) their own salary. If it's really as open as they claim, all the accounting will be public, too. So anyone who wants to do some work can see how much the company is spending on those operating expenses, and the (ongoing) income statements. If they accept it as reasonable, they can do the work, or they can just not do the work.

    This principle could work. It's like a cooperative company, "employee owned", but without employees owning shares in the corporation getting dividends of the profits (income - expenses), just a direct share. Eliminating the shareholding eliminates control, but it also makes coming and going as a "profitholder" much easier.

    Of course the real problem is the "trust metric". It's a popularity rating, set by members of the group on anyone else who joins the group. Joining requires only contributing code. There's going to be a fair amount of (paid) work by group members reviewing the code to decide trust, but that's a necessary part of software quality anyway.

    The real problem is for people who contribute code (or review, or other work) who aren't rewarded with trust metrics by others in the group, perhaps because of a bias by some against others because of the type of work. If some people contribute only code, and others contribute only review, that might lead to a "class war" where one group discounts the value of the other, regardless of the (only guessable) "real" value of each kind of work to the profits being divided up. If more people review than code, even if that's not necessary, and the reviwers all have a bias in rewarding each other's work more than they reward coders, an coders don't have a bigger bias against reviewers to compensate for their smaller numbers, then reviewers will get a higher rate of reward than coders. Which could prevent any coders from contributing. Or the sizes/biases could be reversed, and reviewers could get shorted enough that no one reviews.

    I think this project goes too far all at once. If this system were familiar across our large Internet development population through its exercise within closed groups, with more permanent membership, perhaps assigned traditionally by a boss who hires, it's less likely to be torn apart by people who don't understand they're working against their own best interests. Then, once it's understood to be workable by people who understand their best interests, and not just an easy target for losers looking to game a system they merely clumsily destroy, maybe the transition from co-op to open co-op would work.

    Does anyone know of any successful closed co-ops running like this one, but centrally hired, fired and assigned shares of the profits?

    --

    --
    make install -not war

    1. Re:Sounds Like an Open Co-op by quarterbuck · · Score: 1

      Another example is the Lincoln Electric Company. They have a pay-per-parts model where employees are paid by amount of work they do, not seniority or title. They were made famous by a series of Harvard Cases (which are all unfortunately for-pay). They are very largely employee owned and the employees have chipped in to rescue the company more than once (also they were the highest paid in the world for a while)
      One free write-up is here http://ezinearticles.com/?A-Case-Study-of-Lincoln-Electric&id=513953

      --
      http://slashdot.org/submission/1062723/Cheap-mobile-data-plan?art_pos=2
    2. Re:Sounds Like an Open Co-op by Doc+Ruby · · Score: 1

      It would have been interesting if the UAW had bought GM and/or Ford this year, because those corps owe that union more in healthcare benefits than those corps are valued at in the stock market. What would have been especially interesting would have been seeing those car corps run as co-ops, with the workers owning shares, voted through the union, and splitting the profits according to how their job is supposed to be paid by union collective bargaining agreements. It's interesting not just because of the co-op in what was once the absolute peak of US capitalism (especially Ford). But mainly because the union would then be the boss, with the union's own agreements setting the pay the union has to pay its members. A highly structured co-op.

      And since this financial crisis is still just getting started, we just might see it happen.

      --

      --
      make install -not war

    3. Re:Sounds Like an Open Co-op by Thelasko · · Score: 1

      If it's really as open as they claim, all the accounting will be public, too. So anyone who wants to do some work can see how much the company is spending on those operating expenses, and the (ongoing) income statements. If they accept it as reasonable, they can do the work, or they can just not do the work.

      The accounting records of all publicly traded companies in the US is public knowledge. You can find them here.

      Traditionally, people always squabble over the retained earnings line of the accounting statement. This is usually a big bargaining chip for unions against publicly traded companies. Although, all well run companies should have some retained earnings, no one can agree on how much is too much or too little.

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    4. Re:Sounds Like an Open Co-op by Doc+Ruby · · Score: 1

      Those publicly traded accounting reports are essential for investors, but are still summaries. What would need to work at an "open co-op" like this one, would be fuller, perhaps even complete, disclosure. Though some of that info is kept private (even in public companies) to protect from competition finding a weakness or a business secret advantage to copy. And this open co-op doesn't have many of the protections that a publicly traded corp has.

      But indeed we have models in various places. This new "open company" isn't entirely alien. It's like most open source: its components have pedigrees from other projects. The new project picks the ones that work, and make them work together. Relying on best fitting the current environment and the efficiencies of openness rather than secrets and monopolies to compete.

      --

      --
      make install -not war

  35. Re:Ok, I will join! by Bastard+of+Subhumani · · Score: 2, Funny

    Hey dude, there's no bosses around here. Giving orders is like uncool, man.

    --
    Only three things are certain; death, taxes, and apocryphal quotations - Ben Franklin.
  36. Am a smidgen disappointed by dwalsh · · Score: 1

    On reading this, was looking forward to snagging a copy if it is open source, as the current Windows open source text editor I use is not entirely to my liking.

    No dice. This company has an interesting variation on open source:

    "... To discourage piracy, a tiny but essential core (also containing the licensing code), will be kept private (at least until users reach a certain rating)."

    Well, they got some free publicity on Slashdot at any rate.

    Anyone recommend a good Windows editor? Not into vi/emacs style editors. Wordpad/Notepad do as a last resort, but are not designed for technical uses.

    I use an IDE for code, but frequently need a programmers editor for data files or when using PCs other than my development box.

    Textpad is shareware and may not have been bought at some companies. I found its Unicode support problematic in the past. Handles massive data files well though.

    Notepad++ is free &open source, but a little rough around the edges in usability. Like many IDEs, it adds code folding to XML documents. When XML files are very large this is a problem due to the number of widgets that get created to support minimizing and maximizing each parent node. Notepad++ managed to crash the video drivers on one PC here, which is almost perversely impressive.

    --
    ${YEAR+1} is going to be the year of Linux on the desktop!
    1. Re:Am a smidgen disappointed by Electrawn · · Score: 1

      UltraEdit. Text, Hex Editor. Code Folding.

    2. Re:Am a smidgen disappointed by geminidomino · · Score: 1

      I'm a longtime fan of ConTEXT.

      Not opensource yet, but apparently they're working on it.

    3. Re:Am a smidgen disappointed by mr_mischief · · Score: 1

      I know you said no vi editors, but there are visual fully GUI editors based around vi. Some of them start in edit mode and you never have to use command mode if you don't want to, because nearly everything is in the menus.

      One such editor is Cream which doesn't even enable vi/vim's command mode unless you set a preference to use it. Everything is available via the drop-down menu and/or keyboard shortcuts (which follow IBM's Common User Access guidelines).

      Cream includes tabbed file editing, optional function folding, handles different line endings on any host platform, unlimited undo/redo, syntax highlighting for 250 languages and variants, optional automatic text indention based on language, macros with recording capability, block comment and uncomment selected text, diff mode, separate configurations for separate users from a single system-wide installation, column (as opposed to line/row) selections, multiple color themes for syntax highlighting, go to line number or percentage through file, and a whole bunch of other features.

      There are also plugins to do everything from GPG encryption at the selection block or the file level to automatic email address munging to keep spammers from easily harvesting addresses in the text.

      It's built around Vim, but it's also built to allow you to completely ignore that fact.

      Personally, I use gVim as much or more than Cream when on Windows, and I also use regular console vim on Win on my office Windows box. On Linux I just use regular old console Vim in a better console than what Windows has standard. I'm a Vim aficionado, though, and several people I know who don't like Vim do like Cream.

  37. Re:Seriously.. has no one read Atlas Shrugged by overzero · · Score: 3, Funny

    I'll read your "history book" when you watch my "documentary."

  38. not the first utopian commune, not the last by circletimessquare · · Score: 1

    rule of thumb: if your plans for a group/ community/ company/ society relies upon people acting dependably in ways no group of humans have ever acted, in any society, in the history of the world, its gonna fail

    human nature is what it is. learn its good parts, learn its ugly parts, and don't imagine you are ever going to change them

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
    1. Re:not the first utopian commune, not the last by Anonymous Coward · · Score: 0

      The mondragon co-operative shows that you are wrong: http://en.wikipedia.org/wiki/Mondrag%C3%B3n_Cooperative_Corporation

    2. Re:not the first utopian commune, not the last by Paul+Fernhout · · Score: 1

      See also:
      "The Original Affluent Society" by Marshall Sahlins
      http://www.eco-action.org/dt/affluent.html

      A key idea of free and open source technologies is that they are ultimately so much better and easier to maintain, that if only one person in a thousand feels like contributing (say, with Debian), that makes more than enough productivity to support everyone.

      But what about all the "slackers" who will consume without giving back? The answer is just, "So what?" Why not have pity on such people who are stuck in such an embarrassingly juvenile state of mind?

      If a few can supply the many, then, so what of the slackers? Who cares? Why build a whole mythology around slackers? And surprisingly, there may be less slackers than one might expect, because when you have the freedom to make things your way, without a "boss", there is often a lot of fun to be had in making things. Just look at all the kids making free music for the internet these days. Or people writing web pages. :-)

      Examples like the Israeli Kibbutzim have already shown in the past that even with hard manual labor, there are always a bunch of schmucks (like maybe even myself and my wife, or many others already working in non-profits :-)
      http://www.kurtz-fernhout.com/summary_gwi.html
      who are willing to work hard even with apparent slackers in their face. Sure, Kibbutzim had problems with slackers, but modern automated robotic technology changes the nature of that situation:
      http://www.google.com/search?hl=en&q=agricultural+robot
      (and without bringing in migrant laborers to exploit and expose to pesticides). And how hard can it be to sit in your GPS-driven air-conditioned tractor and listen to free music? Or even make some more music of your own in between keeping an eye on how the robots are doing?

      We're may be about to see an entire change *back* to the way things used to be.

      This is the world the prospective college student is probably imagining these days as in their future -- or will be soon. :-) Robot tractors. Free music. GNU/Linux everywhere. Slackers who only take stuff and don't make stuff as being "so junior high" or "so nursing home". Essentially, these kids are imagining (or will soon) a John Lennon "Imagine" sort of world -- with abundance and security for all. With robot tractors able to get higher yields from less land and less water through precision farming, why fight so much about the agricultural fields or river water? With nanotech solar panels and nanotech near-perfect insulation, why fight about the oil fields?

      Here is part of a sci-fi story about the flip side of that "Imagine" world kids are thinking about, where it all goes horribly wrong, say, with a Stanford-led elite unable to let go of a fear of scarcity, and instead using the robots to guard most of the world who are kept in "welfare" prison camps:
      http://www.marshallbrain.com/manna4.htm

      "Time to turn around Jacob Lewis105. There is construction in the next zone and, for your safety, we cannot allow you to proceed." There were a hundred reasons the robots gave for making you turn around. Construction, blasting, contamination, flash flooding, train derailments, possible thunder storms, animal migrations and so on. They could be quite creative in their reasons. It was all part of their politeness. If you turned around you were fine. If you made any move in any direction other than the one suggested, you were immediately injected and woke up back in your room. I had only tried it twice.

      To me, "post-scarcity" means the end of rationing the basics for everybody, where wha

      --
      A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.
  39. Re:Seriously.. has no one read Atlas Shrugged by Samschnooks · · Score: 1
    "Adolescent" was a fitting term I once heard used as a description for Rand's work.

    She was a screen writer, after all. The novels were side projects of hers.

  40. Re:Ok, I will join! by caerwyn · · Score: 1

    Yes, we do.

    Then again, this is slashdot. Since when have most commenters *ever* RTFA?

    --
    The ringing of the division bell has begun... -PF
  41. Re:Seriously.. has no one read Atlas Shrugged by Aladrin · · Score: 0

    Maybe, but it makes some good points with them. They extreme beyond reality to show those points clearly, instead of being muddied with grey areas.

    It's supposed to highlight a problem and describe a philosophy, and it does it very, very well.

    --
    "If you make people think they're thinking, they'll love you; But if you really make them think, they'll hate you." - DM
  42. ideologically opposed concepts by Anonymous Coward · · Score: 0

    Companies would like to produce goods/services without having to pay employees and employees would like to be paid without having to work.

    Companies value value. Open source projects value valuelessness (if that is a word). You give your time for free for the greater good of the open source project, not to increase the value of the project for it's owners.

    2 very ideologically/psychologically opposed concepts.

    I don't see how this can work out in the long run.. (despite the legal ramifications in regards to company ownership and other issues.. insurance etc.. who is liable if your company gets sued etc.. )

    if i code something that generates a continuous cash flow.. how does that value get divided..

    the open (source?) contractors? will not be owners of the company unless the company offers shares..

    work is value is money, I dont have any skills, can i buy into your open source company? can I buy your open source company outright? I have worked, can I exchange my shares into hard cash.. who signs the cheque?

    it sounds a little half baked imho. _w_

  43. Steps to profits by Anonymous Coward · · Score: 0

    1. Assign thyself the task of "bookkeeping"
    2. Tunnel the monies to a swiss bank account
    3. ???
    4. Profit!

  44. Hunter gatherers?? by macxcool · · Score: 1

    If you look to anthropology you will see that we spend the overwhelming part of our history as tribal bands of hunter-gatherers, where nobody really had the means to force others work for them.

    If you look back in history you will see (as far back as you can look) huge civilizations that, even though they might have each been organized differently, still had kings and other leaders who could tell others what to do. There were slaves and others who worked while some supervised and benefited from their labour.

    Hunter-gatherers, my foot.

    1. Re:Hunter gatherers?? by elrous0 · · Score: 1

      Even among more primitive primates, you see this sort of behavior almost universally. An alpha male always rises to the top and becomes the "leader" of any group of primates. Eventually some other (younger) alpha male comes along and overthrows him. I don't see any reason to believe it was any different among early humans, especially since all the human primitive tribal groups we still have today (in places like Africa and the Amazon River area) still exhibit this exact same sort of tribal structure.

      --
      SJW: Someone who has run out of real oppression, and has to fake it.
    2. Re:Hunter gatherers?? by rantingkitten · · Score: 1

      That's only true after the dawn of agriculture, which really only began on any large scale about seven or eight thousand years ago. Before that, humans were indeed loose tribes of hunter-gatherers, and that era of human history lasted much, much longer.

      --
      mirrorshades radio -- darkwave, industrial, futurepop, ebm.
  45. Minor problem with their plan... by Anonymous Coward · · Score: 0

    So... working (or rather... participating in, since you get *paid* for work) there, I hope that one of the major projects they're working on is how to prepare dirt and sand into edible food and wearable clothes. For free. Because the grocery store or my landlord certainly aren't going to be on-board for this free living.

    Or if it's meant that we just volunteer there when we're not at our REGULAR job, then it'd better be open 24/7, since generally people are at *work* during the day.

    You'd have to have people really into working there too, since of course they'll be paying for the commute to and from there. Also with a physical office, you can absolutely guarantee that anything of even remote value will be stolen.

    And this is why open source anything so far is online and non-physical. Society as a whole is a crime-hole, and I pity those pretending it's not. They'll learn soon enough.

  46. Unfair. by Aladrin · · Score: 3, Insightful

    The system is supposed to ensure fairness by having employees rate each other, but I know how this goes simply by watching people around me, in person and in real life.

    Every 'contest' I've ever seen has been about popularity, not efficiency. They guy who sucks up to everyone and buys them beers after work will have the highest pay, while the guy who does his shitty job in silent magnificence will have one of the lowest pays. In addition, everyone in a group will rate their own group members higher than they rate other group's members. This means the biggest group will have the highest average pay as well.

    Absolutely none of it will be based on efficiency or profitability.

    That is, assuming it's truly 'open' and not just claiming it and then having the owner overrule everything anyhow.

    --
    "If you make people think they're thinking, they'll love you; But if you really make them think, they'll hate you." - DM
    1. Re:Unfair. by Anonymous Coward · · Score: 0

      ...Every 'contest' I've ever seen has been about popularity, not efficiency. They guy who sucks up to everyone and buys them beers after work will have the highest pay, while the guy who does his shitty job in silent magnificence will have one of the lowest pays...

      My experience tends to verify your view. However, according to Dilbert, there is always a technical solution.

      How about this?

    2. Re:Unfair. by Thelasko · · Score: 1

      They guy who sucks up to everyone and buys them beers after work will have the highest pay, while the guy who does his shitty job in silent magnificence will have one of the lowest pays. In addition, everyone in a group will rate their own group members higher than they rate other group's members.

      Oh, well that sounds strikingly familiar to our current corporate hierarchy.

      Nothing to see here, move along!

      --
      One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    3. Re:Unfair. by stevied · · Score: 1

      That's presumably in a 'traditional' business.

      Open-source development tends to be done by people who care much more about what they do, and who can judge quality.

      Also, this will presumably mostly be done over the internet. It's hard to suck up to people by buying them beer in that situation ;-)

    4. Re:Unfair. by An+Onerous+Coward · · Score: 1

      If the guy doing the excellent work isn't getting the compensation he would like under this regimen, he has three choices:

      1) Leave.

      2) Demand that his contributions be recognized and compensated.

      3) Continue doing what he's doing, accepting the imperfections of the system, and maybe even enjoying the fact that the popular guy is buying him the occasional beer.

      Come to think of it, those are basically his options in a regular job. Why would this be any less sensible than the metric most companies use to determine salaries: industry average at time of hire?

      The lion's share of the contributions wouldn't necessarily go to the largest group. The total going to a given group like accounting, janitorial, developers, etc., might be set by fiat from above, or by ::shudder:: committee. But however it gets set, they'd have to compensate for the fact that, in general, people tend to overvalue their own contribution to the whole.

      --

      You want the truthiness? You can't handle the truthiness!

    5. Re:Unfair. by Kittenman · · Score: 1

      Every 'contest' I've ever seen has been about popularity, not efficiency

      Politics works the same way.

      --
      "The greatest lesson in life is to know that even fools are right sometimes" - Winston Churchill
    6. Re:Unfair. by JoeMerchant · · Score: 1

      I am reminded of Doctorow's whuffie - it might work in a world where all basic needs are met regardless of whether or not you contribute. When people need the money for food, shelter, etc., I think human nature isn't quite up to the task of fair ratings among peers.

    7. Re:Unfair. by initialE · · Score: 1

      Really? Communication is a valuable skill? Who'd have thought that?

      --
      Starbucks, Harbuckle of Breath.
  47. Re:Ok, I will join! by Improv · · Score: 2, Interesting

    Lowerer UIDs concurer ... oh, wait..

    --
    For every problem, there is at least one solution that is simple, neat, and wrong.
  48. Re:Ok, I will join! by Kell+Bengal · · Score: 1

    Except it's not the prisoner's dilemma (as classically stated), because cooperation will always return less than cheating, and double-betrayal returns equal to cooperation. Eg. I assign you 1/100th share and you assign me 1/100th share - equal shares, we both split the proceeds equally. If I assign you 1/2 share, and you assign me 1/2 share, we both split the proceeds equally. If I assign you 1/100th share and you assign me 1/2 share, I walk away with almost everything. I've not RTFA, so I'm not sure if that's what they are doing exactly, but if so there is no incentive to cooperate under that schema.

    --
    Scientists point out problems, engineers fix them
    altslashdot.org: The future of slashdot.
  49. Sounds Great, but... by Anonymous Coward · · Score: 0

    This sounds great!! ...so how bad are the bathrooms in a company like this? I'm pretty sure cleaning up other people's uh...messes...isn't a "task they find interesting" and if it is, I'm sure the "time they find appropriate" would be pretty close to zero.

  50. Re:Ok, I will join! by TheSpoom · · Score: 4, Insightful

    This would likely degenerate into a core clique that games the system to reward themselves disproportionately -- even if the concept ever got off the ground.

    So basically, executives?

    --
    It's better to vote for what you want and not get it than to vote for what you don't want and get it.
    - E. Debs
  51. dude, i wish you luck by circletimessquare · · Score: 1

    i am not foolish enough that i think i can convert a True Believer in a forum thread

    the only thing that will teach you is to try and fail on your own terms. there are many suboptimal business structures out there. you can limp along in mediocrity for decades. but you won't achieve true business success, at least i don't think. hell, prove me wrong, go for it, i don't know everything. but i'm completely unimpressed. all you have here is a formula for mediocre marginalia in my mind

    ideas on organization are always in competition. what is the yardstick we use to measure them? simple monetary success or monetary failure. if this structure you champion is based on nothing more than a desire to compete and win in a pure business environment, then it is sound, and will succeed, and beat out other organizational structures

    or it won't

    welcome the jubngle of ideas, competing in darwinian struggle. you're going to need more than optimistic idealism to survive out there. good luck, little pioneer

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
    1. Re:dude, i wish you luck by stevied · · Score: 2, Insightful

      ideas on organization are always in competition. what is the yardstick we use to measure them? simple monetary success or monetary failure.

      But maybe that won't be the criterion that people involved actually use. IME, the more people really enjoy what they do, the happier they are just to be able to cover basic living costs. If the company were to tick over for a decade or so generating enough income for the people involved to live on without screwing anybody over or trashing the environment, I think that might meet quite few people's ideas of "success."

      I like to believe that I can see a distinct cultural change happening these days: people want to remain child-like for longer, and are increasingly resistant to anything that forces them to grow up. This has its downsides, of course, as anybody with conservative tendencies will have noticed (and I have a few myself): failure to take responsibility, solipsism / narcissism, selfishness. But the flip-side is that people don't want to live with the sort of constant low-grade background anxiety that the current socio-economic system generates, and want to be able to play, i.e. do creative stuff they like. We may be able to transcend that Darwinian struggle, and if the opportunity's there, it's worth making the attempt ..

  52. Holy shit, more non-businesses. by Anonymous Coward · · Score: 0

    Seriously, managing bits? That's your "business"? Nothing real gets created. We need real tangible products, or service to real tangible products. Not imaginary items. This is why the USA fell behind, we're obsessed with the abstract, and not with the real.

    Wake up America, seriously. You're living in a virtual dreamworld. The Matrix is the next stop for you.

  53. Wikipedia by Chelloveck · · Score: 2, Funny

    Oh boy, a text editor with all the quality and accuracy of a Wikipedia article. I can't wait for the first edit war between two high-ranking programmers.

    --
    Chelloveck
    I give up on debugging. From now on, SIGSEGV is a feature.
  54. Re:Seriously.. has no one read Atlas Shrugged by Anonymous Coward · · Score: 0

    Atlas Shrugged has its place among the numerous other philosophical works presenting wild economic ideas, including works by Locke, Mill, Marx, Pound, and Skinner (to name only a few). Skinner is especially apt to mention, as he describes in fiction an idealized commune much in the same way Rand describes an idealized market. Neither one properly treats the full complexity of the issue.

  55. Re:Obama's Teleprompter Speaks by MightyYar · · Score: 1

    The Huffington Post correspondent's chair is right behind me

    If this statement were true, wouldn't it sort of defeat the purpose of posting anonymously?

    --
    W..w..W - Willy Waterloo washes Warren Wiggins who is washing Waldo Woo.
  56. Thus the failing of OSS by dazedNconfuzed · · Score: 1

    What happens when nobody wants to do the unglamorous, low paying work?

    Exactly. There are some parts of the code which are downright ugly, hard to write/fix, unpopular to even discuss, and when implemented will only be seen by a tiny percentage of users - but without which (esp. when accumulated with other unpopular stuff) the software will only compete as an also-ran.

    This is the problem with Linux and other OSS projects: in a complex system, every user will run across something which is in this "unpopular" category. Sure the user is allegedly welcome to contribute a fix, but frankly the reason s/he has your software is to USE it, not to FIX it. Personally, I find the installers unbearable: yeah they work fine for popular software, but all to many packages don't install in a usable manner, and I have other things to do than fix someone else's project (pardon my alleged hubris, but my time is worth more than that).

    Apple (and most other companies) succeeds because someone, paid for their responsibility, identifies that some unpopular and unrecognized tasks must be done. They make sure that the whole project is completed and up to par, even when most other participants don't know some obscure part exists and took great effort to make work.

    How are co-workers supposed to vote "yeah, he did a good job" when practically nobody is aware of what he did? especially when it's some complex obscurity that would ultimately make-or-break the project? Who's going to do something unglamorous, knowing they won't get paid even a fair low fee? Fairly compensating talent is not a popularity contest; knowing the value of work done is.

    If not for minimum wage, how much would YOU pay your janitor?

    --
    Can we get a "-1 Wrong" moderation option?
    1. Re:Thus the failing of OSS by An+Onerous+Coward · · Score: 1

      If there is unglamorous work that everyone recognizes as needing to be done, you might implement some sort of bounty system. "Update user documentation for release 2.4.2" might be more attractive if workers knew that there was already a guaranteed $50 waiting on completion.

      I don't think "getting contributions noticed" would be a big deal. It would be easy enough to have an ongoing list of tasks, due dates, who's working on what, etc., and all contributions would have to be evaluated before being committed. I'm imagining a system where each chunk had some payment associated with it, some percentage bonus for doing it well, and a second bonus that depended on the popularity of the person doing the work.

      (pardon my alleged hubris, but my time is worth more than that)

      For 98% of the projects out there, this is probably true. For the biggest, most famous projects, this is probably false. But the more relevant fact is, even if you fixed a bug in Mozilla that was worth, say, $100,000 (spread out over tens of millions of end users), there's no way you're going to be able to reclaim even 1% of the value you generate.

      So the bugs are fixed by those who enjoy fixing them, not necessarily by those whose time is less valuable than your own. A paid bounty system seems sensible, if not enough bugs are getting fixed. But where does the money come from?

      --

      You want the truthiness? You can't handle the truthiness!

  57. About profits or the lack thereof by h2sammo · · Score: 1

    in a consumer driven market, the entrepeneur uses market prices to make economic calculations and tries to make profits by satisfying consumer demand. the more profitable entrepeneur satisfies the consumer the most. the extent to which the consumer is satisfied is measured by the entrepeneur's profits/losses. the entrepeneur hires employees based on their marginal productivity. they would be paid just abit more than the price they save the entrepeneur through their productivity. the more productive the employee, the higher the wage. wages come about through the laws of supply and demand, just like any other market price. the lack of any pricing system (wages included) would render any type of economic calculation impossible. it would also make profits/losses extinct, thus making it impossible to measure the extent to which consumers are satisfied. complete economic/social/technological breakdwon would follow. this by the way is the school of thought of austrian, free market economics. ludwig von mises predicted the failure of socialist/communist regime (related to the "open company" ONLY through the lack of pricing prinicple in my analogy) based on this basic theory at the turn of the last century way before it all happened.

    1. Re:About profits or the lack thereof by An+Onerous+Coward · · Score: 1

      In a normal startup, the "entrepreneur" is usually the one providing the bulk of the capital. Given that it takes almost no capital to start a software company, I don't see how there is a need for a split between the entrepreneur and her employees.

      Once you've got a group of people who decide to start a company -- on a dare, after an all-night reefer party, whatever -- they act like any other company, in that they try to sell their services at a price that will sustain the ongoing operations of the company and pay each employee enough to make it worth doing.

      Your comment seems irrelevant, because the proposed company still has to pay people enough to ensure their continued participation, and therefore income has to be sufficient to pay every employee's salary. In other words, the essentials of running a business are still in effect, and what is being proposed is nowhere near as radical as you're claiming.

      it would also make profits/losses extinct, thus making it impossible to measure the extent to which consumers are satisfied

      You'll need to explain why this statement is correct, because I'm seeing the opposite.

      --

      You want the truthiness? You can't handle the truthiness!

    2. Re:About profits or the lack thereof by h2sammo · · Score: 1

      the profits an entrepeneur is making are in direct relation to how well that entrepeneur satisfies the consumer. consumers are free to chose any other entrepeneur in the same market. if they chose entrepeneur A as opposed to B, than A has products the consumer prefers over B, hence A is better satisfying the consumer. An analyst or future entrepenur can analyze this situation based on the profits/losses made by A and B. the analyst will recognize losses for B and will know NOT to repeat a similar business plan as B undertook. the analyst see profits for A and will learn/emulate from that particular business model. this is how business practice which satisfy the consumers are being propagated and measured by profits and losses. any system which hampers the profit/loss meter hampers with the satisfaction of the consumer.

    3. Re:About profits or the lack thereof by An+Onerous+Coward · · Score: 1

      Thank you for repeating yourself. Now explain how this business model hampers the "profit/loss" model. Thus far, you haven't.

      --

      You want the truthiness? You can't handle the truthiness!

    4. Re:About profits or the lack thereof by h2sammo · · Score: 1

      as far as i understand from the OP, the "open company" would allow employees to be part of the company for as long as they wish, doing whatever they wish. this means employees would not be employed based on their productivity. also, the company would diverge from trying to satisfy the consumer (by having the employee "do" whatever the entrepeneur believes is neccesarry to satisfy the consumer) towards rather trying to satisfy the employee. this of course would render the company bankrupt (profit-less) fairly quickly and if widely adopeted could distort an entire economy.

    5. Re:About profits or the lack thereof by An+Onerous+Coward · · Score: 1

      1) If it goes bankrupt quickly, why do you fear it being emulated frequently enough to distort the economy?

      2) In existing companies, people are already there "as long as they wish", so that's not an objection. As for "doing whatever they wish", it's only a problem if nobody is making decisions about which activities merit compensation. They're not talking about a company where everyone can join up and can get paid to sweep mines all day.

      3) You seem to be under the assumption that the entrepreneur has perfect knowledge into how to satisfy the consumer, and his peons know only how to implement that glorious vision. I would argue that this knowledge is distributed throughout the whole organization. So letting everyone get in on rating the value of contributions may turn that knowledge into action better than letting one manager decide by fiat.

      4) Keeping employees happy is critical to an organization's success. This setup seems like an ideal way to discover which tasks employees find least pleasant. Once discovered, you just have to raise the reward for performing those tasks until the tasks start getting done. Far from rejecting the idea of productivity, this seems like the ideal way to raise productivity and morale at the same time.

      --

      You want the truthiness? You can't handle the truthiness!

    6. Re:About profits or the lack thereof by h2sammo · · Score: 1

      frankly, i do not quite comprehend the whole "open anything" idea, but i am very intrigued by it. i am more familiar with the centralized approach (which i resent as bankrupt) and the free market approach which is consumer driven. as far as the entrepeneur is concerned, remember he is always striving to satisfy the consumer and he knows how well he does that by inspecting his balance sheet. he knows best how to run the business because every mistake costs him dearly as he experiences losses or complete bankruptcy. according to the same logic, employees will never be able to discern the right business decisions.

    7. Re:About profits or the lack thereof by justinlee37 · · Score: 0

      the extent to which the consumer is satisfied is measured by the entrepeneur's profits/losses

      Wow! Standard Oil satisfied its consumers the most!

      I think there are some variables missing from your analysis. Monopoly pricing is the most elementary example.

    8. Re:About profits or the lack thereof by h2sammo · · Score: 1

      the thesis presented by me stands in a free market only. free markets do not tolerate monopoly (through competition). when you have govt interventionism through market regulation, monopoly is allowed to emerge through lobbying (fatter cats get fatter, new business is incapacitated). neither monopoly or monopsony (one buyer) serve the buyer but are only allowed to exist with govt help (handouts/regulation).

  58. nothing real created by hamanaka · · Score: 1

    I know about this issue of being involved with an intagible world, I have been dealing with issue my whole life. If I am building websites, that is not what people need to survive, these are not vital necessities. But perhaps I can crowdsource anad use FOSS to help deliver the demanded products to the world. The internet is just a tool that we all agree to use universally. If building website doesn't help the world, what can I do with my computer skills to boost the economy?

  59. nobody is paid 7 X more than another person by falconwolf · · Score: 1

    on the open market, person A makes eight times more money than person B in the same period of time.

    Except you don't say how many sales A and B make. If X cost 7 tymes what Y does but they have the same capabilities it's likely more Ys will be sold. I doubt even you will pay 7 tymes what an item cost for the same functionality.

    Falcon

  60. Limited Income by End+Program · · Score: 1

    Even assuming that the Trust Metrics work perfectly, you still have another unbalanced problem: limited income / unlimited resources.

    One of the advantages of closed companies is they can choose how many people they are going to pay. In this open company example, what are you going to do if 500+ software developers (or others) decided to sign up and the net income for the year is only $50K?

    You would not be to support yourself and forced to find additional income.

    1. Re:Limited Income by Doc+Ruby · · Score: 1

      Well, that points to an overall problem of the size of the number of committers to the project, like any other open project developing software. If this project can't keep the number of contributors down to a scale consistent with its needs, then the whole project will fail anyway, even before there's anything produced to sell.

      --

      --
      make install -not war

    2. Re:Limited Income by An+Onerous+Coward · · Score: 1

      I doubt that would be a practical problem. If there are that many contributors, simply paying them all would be a logistical nightmare, as would coordinating all the contributions. But other things being equal, it would make sense to value 50 contributions by 1 guy above 50 equally valuable contributions by fifty separate individuals. After all, it's far more likely that you'll get a 51st contribution from the one guy than from the fifty one-hit-wonders.

      So I think it would make sense for compensation not to kick in on the first contribution.

      But if there is enough work for 500 people to do (as opposed to mostly duplicated effort, or 500 mostly one-time contributors who spend only a few days on their contribution), and that many people looking to do it, there's probably some value to the project, and some people are going to at least try to become company salesmen.

      --

      You want the truthiness? You can't handle the truthiness!

  61. Re:Ok, I will join! by Thelasko · · Score: 1

    Read. The. Fucking. Article.

    I read it. My main concern is the rating system. Users only have an incentive to vote others down to make themselves seem more competitive. How can you guarantee honest votes?

    I predict a voting war where, sooner or later, some one will have to take charge and settle the conflicts.

    --
    One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
  62. Re:Social Darwinism by Thelasko · · Score: 2, Funny

    Social Darwinism is a propaganda tool used by conservatives to maintain the current power structure.

    I'm confused... I thought conservatives reject Darwinism in favor of Creationism.

    --
    One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
  63. Ayn Rand by falconwolf · · Score: 2, Insightful

    I'd say you didn't read "Altas Shrugged" but you already did say it. In it the subject John Galt travels the world to talk business owners to convince them to abandon their business because of socialist governments nationalizing businesses.

    If Ayn Rand was right, engineers would make more money than CEOs.

    It's easier if they start their own business and or work for themselves. Even Bill Gates started as a programmer when he started Microsoft. He was the first person to hack a basic interpreter, the Altair BASIC, for a homebrew or microcomputer. He dropped out of college to do so.

    Falcon

    1. Re:Ayn Rand by fractoid · · Score: 1

      If Ayn Rand was right, engineers would make more money than CEOs.

      Having never read the book, I always wondered why bitter engineers loved it so much. Now I get it. :P

      Oh, and Paul Allen did most of the work on Altair BASIC from what I could gather. He was the smart one, Gates was the wannabe entrepreneur.

      --
      Rampant carbon sequestration destroyed the Dinosaurs' tropical paradise. I'm here to help repair the damage.
    2. Re:Ayn Rand by OrangeCatholic · · Score: 1

      >Having never read the book, I always wondered why bitter engineers loved it so much.

      The operative word is "bitter", not "engineer."

      Anyway, Ayn Rand is like the comedian Gallagher. There are some people who love watching watermelons get smashed.

      And there are others who just don't think it's that important.

    3. Re:Ayn Rand by falconwolf · · Score: 1

      Oh, and Paul Allen did most of the work on Altair BASIC from what I could gather. He was the smart one, Gates was the wannabe entrepreneur.

      I don't recall Paul Allen doing more work on Altair BASIC, however he may have. The wiki article says he wrote an Intel 8008 emulator first. I agree Gates was a wannabe business person, in an era of sharing programs he admonished people to not copy and share their software.

      Falcon

  64. Sourceforge Marketplace by janwedekind · · Score: 1
    One may also look at software escrow for inspiration. Another interesting project is Sourceforge Marketplace. They hired a former eBay developer for helping them implementing the system. To address the problem of contract law they suggest a default contract which limits liability to no more than the value of the contract. It would be interesting to create a system which could distribute the cost of developing commodity software, i.e. one million customers each paying 1$ for developing a crucial device driver for example. However I don't see a way how to create something which is superior to a simple donation system because there are so many issues
    • how is work on generic software libraries rewarded?
    • what happens if a developer is unable to fulfil the specification?
    • what happens if customers are not satisfied with the result?
    • how can one keep the banking charges on money transactions at a minimum?

    The article says "To discourage piracy, a tiny but essential core (also containing the licensing code), will be kept private (at least until users reach a certain rating)." That's most definitely not going to work. Such an open-ended system cannot demand commitments like this without deterring potential participants. Instead it must reflect the way open source software is created.

    1. Re:Sourceforge Marketplace by An+Onerous+Coward · · Score: 1

      While I don't think it has as much potential as some libertarian proponents say -- I don't think it could build a $30M bridge, for example -- the assurance contract might be a useful model for some software development.

      --

      You want the truthiness? You can't handle the truthiness!

    2. Re:Sourceforge Marketplace by janwedekind · · Score: 1

      Interesting read, thanks. Maybe one could buy "internet money" which can be transferred without cost from thereon. If a project fails to deliver/expires one can simply move the money to another project.

  65. Re:Seriously.. has no one read Atlas Shrugged by hansamurai · · Score: 2, Informative

    Atlas Shrugged is not actually a history book.

    It definitely feels like current events though.

  66. Basque worker coops by falconwolf · · Score: 1

    Actually in Mondragon in the Basque country they have worker-cooperatives working as a corporate structure

    I heard about them years ago, I wonder how the worker coops in Euskadi are doing now.

    Falcon

  67. Lol by Anonymous Coward · · Score: 0

    From the not-going-to-happen department

  68. No by Rix · · Score: 1

    Berkshire Hathaway is an outlier.

  69. And... by Brandybuck · · Score: 1

    You work whenever you feel like it, and... the company pays you whenever you feel like it!

    There's a reason firms are organized the way they are (and why they get all screwed up over a certain size). The yexist because the lower the transaction costs between the individual actors in the firm.

    --
    Don't blame me, I didn't vote for either of them!
  70. Re:Obama's Teleprompter Speaks by Zero__Kelvin · · Score: 1

    "If this statement were true, wouldn't it sort of defeat the purpose of posting anonymously?"

    He is a beurocrat. His purpose for not logging in is: WTF is this "logging in" of which they speak? Have I just been insulted? ;-)

    --
    Guns don't kill people; Physics kills people! - John Lithgow as Dick Solomon on Third Rock From The Sun
  71. Re:Ok, I will join! by stevied · · Score: 1

    It's possible to do things like marketing and sales well and ethically. If you actually believe in a product and have a genuine interest in helping your customers, so you're basically acting as a liaison between the customer and the company, rather than an employee of the latter.

    I think most "open" programmers would respect that sort of marketing. There'd probably even be significant overlap between the two jobs..

    Nobody's mentioned the Cluetrain Manifesto yet. Have we got a generation of slashdotters who weren't around at the time who need to be pointed at it?

  72. Re:Ok, I will join! by damburger · · Score: 1

    Unlike on, say, wikipedia, the entry requirements (in terms of the ability to code in such a way its useful to a big project) are high enough to automatically exclude a lot of the asshats out there.

    People can and do cooperate. Misanthropy is popular amongst young people but it doesn't really reflect on the adult world much. Mercenary, John Galt sorts don't last long in business because they can't work with others and nobody is going to be massively successful entirely on their own.

    --
    If we can put a man on the moon, why can't we shoot people for Apollo-related non-sequiturs?
  73. Re:Seriously.. has no one read Atlas Shrugged by stevied · · Score: 1

    I reckon a lot of people object to socialism, and in particular communism as practiced in the last century, because of a sense that it's being forced on them.

    If it comes about naturally and organically, managing to grow from within the existing economic situation, that's a whole other thing, and much more interesting.

  74. Re:Ok, I will join! by damburger · · Score: 1

    LOL pop game theory!

    It is more like the Iterated prisoners dilemma - which produces completely different results.

    --
    If we can put a man on the moon, why can't we shoot people for Apollo-related non-sequiturs?
  75. Sounds like a 1960's commune to me by nurb432 · · Score: 2, Funny

    Let me know how that works out, especially when what you are smoking runs out.

    --
    ---- Booth was a patriot ----
  76. Re:Ok, I will join! by stevied · · Score: 1

    Trumped! ;-)

  77. how much would YOU pay your janitor? by falconwolf · · Score: 1

    Think about it, actually I think it would be easy to decide how much to pay the janitor and I bet more than some would say. All the janitor would have to do is stop working. Pretty quickly other workers would have to start cleaning up after themselves, or work in a pig sty. It may not seem like a big deal but many people can work more effectively in a clean environment.

    Falcon

    1. Re:how much would YOU pay your janitor? by An+Onerous+Coward · · Score: 1

      The problem is, under such a system, the work doesn't get done according to "who is least needed on a more valuable task" but "who is most bothered by the mess?" If your best programmer is also the biggest clean freak, it would be a glaring inefficiency.

      On the other hand, he'd probably also be the most likely to vote up any commode-cleaning by another person. Hopefully his vote would carry enough weight that the task would get done.

      --

      You want the truthiness? You can't handle the truthiness!

  78. Did I Miss Something? by zotz · · Score: 1

    Did I Miss Something?

    Or is this to be an Open Company developing and selling Closed (non-Free) Software?

    drew

    --
    FreeMusicPush If you want to see more Free Music made, listen to Free
  79. Anyone recommend a good Windows editor? by falconwolf · · Score: 1

    When I used Windows I liked Crimson Editor and TextEdit.

    Falcon

  80. you have just as much chance by circletimessquare · · Score: 2, Insightful

    to exorcise simple greed from the human mind as you would exorcising the desire to have sex

    greed is greed is greed. monkeys, insects, hell even bacteria understand the notion: get it all for yourself

    its an instinctual drive deeper and more rooted in the human mind than any social system you could ever possibly devise. it is not taught. it is organic. children brought up in isolation from any social influence you deem harmful would spontaneously recreate it

    so you need to work with greed, because there's no getting rid of it

    or choose to reject my words. that's fine. i don't really expect you to listen to me. such is your passion. there are in fact people on this planet who do not want to have sex. asexuality is a real psychological phenomenon. likewise, i believe there are psychological classes of people, such as yourself, who are fanatically altruistic organically. no greed

    but the fanatical altruists, and the organically asexual: we are talking about classes of psychology that are firmly and permanently in the minority, and have no hope to influence the majority. not that that will stop you. nor should it

    i don't think you should stop with your attempts at creating your visions. why? because your uptopian scheme, like the millions that have come before it and the millions that will come after, they DO serve a valid purpose in society: it keeps people like you occupied in mediocrity and obscurity, and away from real businesses that works and real society that works, where you might do real damage

    xoxoxoxoxoxoxox

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
    1. Re:you have just as much chance by stevied · · Score: 1

      I believe it's possible to eliminate greed by creating very, very stable societies, which is possibly what religions try to do. It's not been very successful so far, I'll grant you.

      I think there's more of a chance by setting up societies which allow people to basically remain children, psychologically. Opportunities for play + no perceived threats might do it, and I think we are slowly moving in that direction (often in a three steps forward, two steps back kind of a way.)

      My passion is actually remarkably ephemeral these days. I'm getting to that Zen point where I'm not really sure I mind too much what happens next, but every now and then an opportunity arises to drop in the odd comment, so I do it.

      Real businesses .. those real businesses and real society seem to have done a pretty good job of trashing the economy, the environment, and often people's own health. Are you sure sure y'all don't feel the need for any help, yet? ;-)

      Actually, I'm not convinced you're really on the side of the greedy, and I notice you don't claim to be. After all, properly greedy people presumably spend all their time out there making money (and/or having sex), not pricking other people's bubbles in /. comments ;-) I'm guessing you've learnt to accomodate the status quo in order to survive, which is fine (after all, survival is prerequisite for doing anything interesting), but I reckon it's worth keeping an eye on possible futures - you never know when an opportunity might arise to nudge things in a saner direction when nobody's looking!

    2. Re:you have just as much chance by An+Onerous+Coward · · Score: 1

      because your uptopian scheme, like the millions that have come before it and the millions that will come after, they DO serve a valid purpose in society: it keeps people like you occupied in mediocrity and obscurity, and away from real businesses that works and real society that works, where you might do real damage

      Apparently, Slashdot serves the same purpose for you.

      Ass.

      --

      You want the truthiness? You can't handle the truthiness!

    3. Re:you have just as much chance by ion.simon.c · · Score: 1

      ...monkeys, insects, hell even bacteria understand the notion:

      *Two of these things are not like the other. Two of these things just do not belong.*

      but the fanatical altruists, and the organically asexual: we are talking about classes of psychology that are firmly and permanently in the minority, and have no hope to influence the majority.

      Are you so sure about that? I would argue that we've been making headway for the past couple thousand years or so. :)

  81. Anonymous Trust Metric by Anonymous Coward · · Score: 0

    Regarding the trust metric and having bias, why not make it anonymous so all reviewing is done in an anonymous manner?

  82. i'm just being realistic by circletimessquare · · Score: 1

    acceptance of ugly truths about your world is just maturity, in my mind

    but your permanent infantilization scheme does have some actual evolutionary theory behind it: part of our evolution from earlier simians had to do with the retention of childlike characteristics into adulthood: our minds remain plastic, we can learn for a long time, we are hairless, we have no more prominent brow or jutting jaw. we are in effect, mental and physical monkey babies

    however, i still think you are a crackpot. but that shouldn't deter you. go ahead and prove me wrong, and good luck

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
  83. I'd /love/ to be open-everything... by Lord+Bitman · · Score: 2, Insightful

    but we have enough trouble with people doing direct rips of our site /without/ providing the source code.

    Yeah, I know that GPL uses copyright law too, but the problem is we're dealing all the time with people who don't respect copyright law. Exposing our code would just make it easier for people to rip us off.

    Most I can push for at work is "Let's not actively obfuscate anything we're sending over anyway".

    --
    -- 'The' Lord and Master Bitman On High, Master Of All
  84. absolutely 100% correct by circletimessquare · · Score: 1

    just make sure you make note of the fact that you are occupied in mediocrity and obscurity replying to said ass ;-)

    --
    intellectual property law is philosophically incoherent. it is your moral duty to ignore it or sabotage it
    1. Re:absolutely 100% correct by An+Onerous+Coward · · Score: 1

      How did I not see that one coming?

      --

      You want the truthiness? You can't handle the truthiness!

  85. The author of the "e" editor? by TheRealDamion · · Score: 1

    This isn't the "e" editor, this is something new
    -rwxr-xr-x 7 root 204800 Jan 21 1994 /usr/ucb/e
    what gives?

  86. Good direction, but.. by Seth+Kriticos · · Score: 1

    Well, the headline already got my interest, and surely a lot of yours too. But there are some catches:

    1. It's a text editor. Though they probably will have a Linux version soon, it still can't compete with vim / emacs (yea, trying to avoid flame wars, one of them is my favorite).

    2. The effort compensation is a bit fuzzy. Trust is a good thing, but putting a working model based on it into reality is a bit hard (see all the trolls on Slashdot, like me).

    3. Right now, the site has a bunch of promises, and work in progress plans to implement the open promise. Maybe I'm too cynical with my young years, but I'll only believe it when I can sign up, grab the code, add some useful modifications and see a balance increase on my PayPal account the next month. Not there yet..

    4. I'm not quite sure, that even if the idea is good, a Windows based application is the best solution to this kind of project.

    Still, I which it will have some success, so people start to think about modes related to this one.

  87. Re:Seriously.. has no one read Atlas Shrugged by An+Onerous+Coward · · Score: 1

    You're absolutely right. Atlas Shrugged does an outstanding job describing Ayn Rand's political philosophy in a clear and memorable way.

    Unfortunately, the philosophy itself is crap, which is part of the reason the book is so lousy. A more sane philosophy could have been described using more believable characters.

    --

    You want the truthiness? You can't handle the truthiness!

  88. Re:Seriously.. has no one read Atlas Shrugged by LateArthurDent · · Score: 1

    Another recent publishing success, however, has had more help from Washington, DC, than Hollywood. That book is Ayn Rand's "Atlas Shrugged".

    Yeah well, it's still due to the media, even if it's not Hollywood. Atlas Shrugged's recent success isn't due to the economic situation, it's due to conservative pundits mentioning it every time they're on TV when criticizing Obama's "socialist" policies.

  89. Re:Ok, I will join! by An+Onerous+Coward · · Score: 1

    Some algorithms will necessarily be easier to game than others, and not everyone will be trying to game the system. Further, some attempts at gamesmanship will be relatively easy to detect, and should be punished.

    I think the best way to discourage that sort of behavior is for participants to simply recognize that the company will be less successful if they try to game the system. If you try to take money away from the tech writers to pad the developers' pockets, and that leads to poor documentation, it hurts the business.

    Of course, that's only important to those in it for the long haul. So only regular contributors should be in the business of affecting compensation.

    This will probably lead to less compensation for new members and one-time contributors. But long-timers should recognize that attracting talent -- especially talent that can make good contributions -- should be a priority.

    I don't see that this setup is significantly more doomed than your normal startup.

    --

    You want the truthiness? You can't handle the truthiness!

  90. Re:Seriously.. has no one read Atlas Shrugged by An+Onerous+Coward · · Score: 1

    I've heard that The Turner Diaries is also getting a substantial bump in readership. Keep that in mind when drawing your conclusions.

    --

    You want the truthiness? You can't handle the truthiness!

  91. Anarchism by Anonymous Coward · · Score: 0

    You want an open company? Congratulations, you re-discovered anarchism.

  92. Re:Seriously.. has no one read Atlas Shrugged by An+Onerous+Coward · · Score: 1
    --

    You want the truthiness? You can't handle the truthiness!

  93. Re:Seriously.. has no one read Atlas Shrugged by Atlantis-Rising · · Score: 1

    I would hardly consider Marx's ideas, on the whole, or the works in which they are presented to be 'wild'. Certainly, some of them are wildly impractical, and in more than a few places his theory is just plain wrong.

    That said, however, in the Communist Manifesto Marx outlines a ten-point starting plan:
    1. Abolition of property in land (Obviously not.)
    2. A heavy progressive income tax (Done)
    3. Abolition of all right of inheritance (partially: we have an inheritance tax)
    4. Confiscation of the property of all emigrants and rebels (Emigrants, no: criminals, sometimes).
    5. Centralization of credit by means of a national bank (Partially, but by no means totally).
    6. Centralization of the means of communication and transport in the hands of the state (Again, partially: transport more than communications).
    7. Extension of factories, cultivation of wastelands, and other environmental improvements (Again, partially.)
    8. Equal liabity of all to labour, establishment of industrial armies (No.)
    9. Combination of agriculture and industry, etc. (No.)
    10. Free education, abolition of child labor. (Done).

    Out of Marx's ten points, three have been totally ignored, two have been implemented, and the other five are implemented to various degrees. That's pretty successful, isn't it?

    --
    "It is possible to commit no errors and still lose. That is not a weakness. That is life." -Peak Performance
  94. The real test of TrustMetric and OpenCompany by mj24 · · Score: 1

    What will really test whether the Open Company is successful or not is whether (or how) the founder will respond if (likely someday) another person starts to get ranked higher than he. ...But, then, this is generally true in any company, open or not.

    On another note, the issue of "less-liked" tasks like "cleaning the bathroom" becomes moot if the metric is designed properly; jobs will start to pay more the more they are needed. In other words, those who like having clean toilets will start to put up their own rank-votes to get the work done. Someone make a pile of shit in the toilet? then rank up the need so that the reward can incentivise motion.

    There should be no need to special-case any work. Let the silent and invisible laws of evolution do the work...

    marcos

    --
    ...He comes from the future.
  95. GPL + $ contribution extension = Open Company? by vxir · · Score: 1

    Traditional open source licenses like GPL create a hard-to-cross chasm between it and traditional economics; essentially you can trade code for code, but cannot trade code for anything else (with the traditional medium of that trade being $).

            Imagine if some highly successful OSS product "expanded" GPL to include a monetary contribution clause (i.e if you don't want copyleft then just pay X -- instead of contributing code the licensor has the option to contribute money). That money could trivially be used to hire programmers and therefore be converted back into code... or used to pay contributers.

            Of course this opens up a huge can of worms, like who gets paid how much (I think that it was very wise for OSS and GPL to steer clear of these issues during its incubation period). As many people have posted, a "trust network" can only be part of the equation... I think that a more quantitative algorithm could be created that captures contributions in code, docs, and community. But the big problem with any quantitative algorithm is that people could change their style to trick the algorithm into thinking they contributed more; for example, to fake out SLOC counts its pretty easy to deliberately write large amounts of code to do small jobs. Enter the trust network; perhaps it can be used to catch and regulate abusers.

            I've expanded on the idea in my blog here: http://effluviaofascatteredmind.blogspot.com/2009/03/thoughts-on-gpl-open-company-concept.html. I think I've already exceeded what most slashdot readers really want to read :-).

  96. Solution? by LiveChatWithCredible · · Score: 1
    Behind every great fortune there is a CRIME. --Honore de Balzac
    Govt must regulate market capitalization of all listed companies to TWICE their quarterly revenue.
    This will
    • Prevent Ponzi scams in Corporate Management and Stock Markets
    • Will open markets for start-ups resulting in millions of new jobs.

    http://polldaddy.com/p/1322136

  97. What's the street address? by Anonymous Coward · · Score: 0

    I'd like to hire myself and 4 associates... we have a rock band and need a new practice space and a source of free electricity. We'll even write a jingle for the company in our spare time.

    P.S. Is it OK if our drummer Fat Louie and his little brother crash there overnight? They can't afford rent and could act as security guards!

  98. Playing Catch-Up by jman.org · · Score: 1

    Perhaps this article was posted too soon. A quick trip to the web page states you can download a trial of the software; the full version is thirty-five bucks. No mention of source code anywhere.

    That's not open source, more like openly brazen.

    Perhaps this is a pre-April Fools gag?

  99. rate the WORK, not the Person(ality)... by Anonymous Coward · · Score: 0

    if the mechanism is rigged to work, it just might, you know...

    Like software...

    Control the process, prevent abuse, and useful results .. result.

    Or like the difference between
    Rule of "Representatives", and
    Rule of Law

    IF the mechanisms are in place, and sufficient work goes into making it continue working,
    THEN it can create a more functional system/place, for more people, for more time.

    IF the rules are allowed to be wrong, then its function will be wrong, same as every other system.

    Nature simply kills-off the wrong, and couldn't care less.

    Once we let go of protecting the wrong ( because it's ESTABLISHED!! ), then we become more likely to survive, long term.