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

Author

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  • Williams, Ronald

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.

Suggested Citation

  • Williams, Ronald, 2017. "Perfect Public Offering: A Process to Provide Complete Ownership & Direction of Businesses to the Entire Public," MPRA Paper 84877, University Library of Munich, Germany, revised 28 Feb 2018.
  • Handle: RePEc:pra:mprapa:84877
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    File URL: https://mpra.ub.uni-muenchen.de/84877/1/MPRA_paper_84877.pdf
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    More about this item

    Keywords

    Education; Publicly Provide Private Goods; Nationalization; Expropriation; Procott; Game Theory; Social Physics; Social Policy; Public Policy; Monetary Policy; Fiscal Policy;

    JEL classification:

    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • H13 - Public Economics - - Structure and Scope of Government - - - Economics of Eminent Domain; Expropriation; Nationalization
    • H4 - Public Economics - - Publicly Provided Goods
    • H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • P3 - Economic Systems - - Socialist Institutions and Their Transitions
    • P35 - Economic Systems - - Socialist Institutions and Their Transitions - - - Public Finance

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