Perfect Public Offering: A Process to Provide Complete Ownership & Direction of Businesses to the Entire Public

Williams, Ronald (2017): Perfect Public Offering: A Process to Provide Complete Ownership & Direction of Businesses to the Entire Public.

Abstract

A process for a business to exclusively and completely sell its shares to a 501(c)3 charity to transfer full ownership & direction of the business to the entire public. Nonprofit universities are charities well positioned to completely own & operate businesses: to produce and allocate their goods and services to society efficiently, effectively and in harmony with the best interests of the entire public, especially when employees of acquired businesses become faculty of the university;  When work becomes education in motion; When operating costs of the university and the acquired businesses are subsidized by the goods, services, amenities, and processes of the university and the businesses it acquires; And when socioeconomic order is naturally regulated via the infrastructures of universities. The social and economic efficiency and effectiveness of businesses completely owned and operated by nonprofit universities induce logic and peer-pressures which encourage global assimilation. The mechanism relies on an iterated prisoner’s dilemma scenario established amongst all businesses, created by global externalities produced from the localized interactions of an initial group of businesses being completely acquired by a nonprofit university, which uses an internet platform to localize their social and economic information and activities to help concentrate public understanding, trust and support to itself and the businesses, which initially join to benefit being first within their industry to be acquired. [1] The result, efficiently and effectively produces and allocates goods, services, knowledge, resources, jobs, and opportunities amongst society; Establishes Maslow's Hierarchy of Needs;  And naturally resolves many socioeconomic issues.

• Item Type: MPRA Paper
• Language: English
• Keywords: Education, Publicly Provide Private Goods, Nationalization, Expropriation, Procott, Game Theory, Social Physics, Social Policy, Public Policy, Monetary Policy, Fiscal Policy,
• Subjects: C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory; D - Microeconomics > D4 - Market Structure, Pricing, and Design > D41 - Perfect Competition; D - Microeconomics > D6 - Welfare Economics > D64 - Altruism ; Philanthropy; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E61 - Policy Objectives ; Policy Designs and Consistency ; Policy Coordination; G - Financial Economics > G3 - Corporate Finance and Governance > G34 - Mergers ; Acquisitions ; Restructuring ; Corporate Governance; H - Public Economics > H1 - Structure and Scope of Government > H13 - Economics of Eminent Domain ; Expropriation ; Nationalization; H - Public Economics > H4 - Publicly Provided Goods; H - Public Economics > H4 - Publicly Provided Goods > H42 - Publicly Provided Private Goods; I - Health, Education, and Welfare > I2 - Education and Research Institutions > I25 - Education and Economic Development; P - Economic Systems > P3 - Socialist Institutions and Their Transitions; P - Economic Systems > P3 - Socialist Institutions and Their Transitions > P35 - Public Economics

References

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[50] “Each generation is as independent as the one preceding, as that was of all which had gone before. It has then, like them, a right to choose for itself the form of government it believes most promotive of its own happiness; consequently, to accommodate to the circumstances in which it finds itself, that received from its predecessors; and it is for the peace and good of mankind, that a solemn opportunity of doing this every nineteen or twenty years, should be provided by the constitution; so that it may be handed on, with periodical repairs, from generation to generation, to the end of time, if anything human can so long endure." Jefferson, T. (1816, June 12). [Letter to Samuel Kercheval].*

*Note: May I add to Thomas Jefferson’s excerpt that: A single Truth of Mechanisms (Algorithm) exists which best nurtures the fundamental needs of every individual in society, very similar to the DNA that nurtures the fundamental needs of every cell in the body; It is inherently the Duty of every generation of human civilization to consciously, or unconsciously, evolve towards that Truth; And once realized, think and act in harmony with that Truth, Individually, and as a Society; And grow and expand, like a fragile fetus to an enlightened adult, from Earth throughout the Heavens (Universe) - To the end of time, if anything human can so long endure. I know that the vision and goals of the perfect public offering initiative operate in harmony with this Truth; And hope that all human civilization can, once again, come to know this as well; To ensure the development and survival of Humanity and All Life, so help me God. RW