|Posted on December 1, 2011 at 12:05 AM|
LIO Fellow Nobelist Milton Friedman praised suggestions at an LIO workshop that along with standard 'C' Corporations, there be simplified 'A' (for autonomous untaxed family business and trust), 'B' (for Barter or business for-profits with a non-profit section) and 'D, E & F' (for democratic consumer, employee owned co-op, and freeshare and pay-it-forward) entities. 'Why not the whole alphabet?' he quipped, saying many obscure tax policies had completely distorted or blocked legal options.
LIO-supportive Libertarians and progressives are in coalitions centered in the US to make business non-profits legal. While many have criticized free economc choice as blindly profit-driven, a review by Libertarians revealed a thicket of laws that make for-profit ventures for non-profit purposes illegal or difficult to set up.Libertarian thinking has always viewed all action as for-profit, non-profit simply meaning the benefit is not directly for the principals, and contests the view that non-profit must equal anti-personal.The LIO encourages a vision of free markets that not only welcomes traditional forms but is driven primarily by user and worker co-ops such as credit unions, non-profit endowments, and home based forms and trusts--but policies still make this difficult.
The problem may be a surprise to some, but has long been understood by Libertarian thinkers. For example, many jurisdictions and tax authorities harass for-profit co-ops providing free barter services and basic supplies; unions seeking to provide healthcare; corporations and family trusts attempting to combine donations with profit activities--or actually make it illegal for corporations to engage in non-monetary activities 'for public benefit.' In the US, many private health care providers such as hospitals and doctor's co-operatives have shut down 'internal long-term trusts to provide health care for al'l due to the tax complexities. This vacuum where co-op based free-markets and alternate forms are hampered or actually prohibited is then blamed on the 'free' market, say analysts, and promoted by incurious academics who claim it to be an obvious problem of choice-based systems. As a result, people are blamed for not solving problems they're forbidden to solve.
To combat the situation Libertarians have been working with different groups to advance:
Emblematic of the problem than people raising money to feed the homeless on the streets being arrested by the police and then questioned by tax authorities. Several links are reported at the LIO 'SMILE' Twitter, which shares good news on Libertarian living tools. Interested activists are invited to share their stories and projects at the LIO Friends network on Facebook. RESOURCES:
>GOOGLE Family co-ops
>GOOGLE Family trusts Alaska