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The Socialist Freedom Party is transforming the SFP Commune organization into a collection of worker-run, profit-share co-ops.

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Harmonic Iron Works Co-op Charter



Who We Are


Harmonic Iron Works is an anarcho-syndicalist profit-share cooperative.

We promote worker ownership and worker self-management.

Capitalized by the Socialist Freedom Party (SFP) Commune, but SFP membership is not required.



Goals


Create an autonomous worker-run collective in the weapons industry.

Contribute to a just, sensible market that profits workers and discourages speculation.



The e-workers are doin' it for themselves



Methods


Employ a mix of workers at various skill levels. Encourage both production and new player development.

Basic salaries are Minimum Living Wage. (See explanation below).

All net weekly income is distributed or re-investe😛

80% is paid back to workers weekly in the form of a production bonus.
10% is for a Reserve Fund.
10% is for paying out a weekly dividend to share-holders.



Organization


Governance

The Harmonic Iron Works Co-op manager is Phoenix Quinn.

All Socialist Freedom Party members are co-owners of the SFP Commune.

The manager is advised by the Revolutionary Committee of the Socialist Freedom Party, which represents the interests of the SFP Commune.

The Co-op provides for Workplace Democracy by means of a Workers Council.


Workers Council

When a player has worked in the Co-Op for seven days they become a member of the Workers Council and are able to vote on and propose Communal Proposals.

An example of a Communal proposal would be: Change the percentage of income put in Reserve in order to save money to purchase an Export License.

If a worker wishes to have a Communal Proposal put to a vote they send the Proposal to the manager and the manager then sends it to the workers.

A simple majority is needed to pass a Communal Proposal.

If there is a tie then the side that the manager voted on wins.


What the manager does


Phoenix "Iron Man" Quinn uses his super-powers to keep accurate books and records


Keeps an accurate record of account balances, sales history, market prices and worker productivity.

Keeps a record of net income per week and each worker's contribution to the Co-op's net income.

Keeps a record of the net asset value of Co-op shares, including any dilution that may occur due to issuing of worker-equity shares.

Distributes bonuses and dividends.

Publishes a financial statement each week on the SFP Forum and also PM's a copy to members of the Co-op.

Decides how many units of raw materials to release to the market and at what price.

Keeps track of materials inventory and cash-on-hand. Keeping a low inventory is recommended.

Determines when to post job openings and at what skill level.

Handles Communal Proposals via the Workers Council.

If the workers feel that the manager is not doing his or her job they may appeal to the SFP Revolutionary Committee.



Workers Privileges and Responsibilities

Vote yes, no or abstain in any Communal Proposals.

Work daily at high wellness whenever possible.

Notify the manager if they will temporarily be unavailable for work.



Ownership


There are two classes of ownership shares: Communal Shares and Worker-Equity Shares.
Neither is offered to the general public.



Harmonic Iron Works is not just a place to work, it's a doorway to freedom


Communal Shares

A one-time issue of shares fixed by Initial Valuation (see below). These shares are owned collectively by the SFP Commune.

Communal Shares can be purchased only by Co-op workers per offers agreed upon by the SFP's Revolutionary Committee.

This provides a means for spinning off autonomous workers' collectives that are independent of the SFP Commune.


Worker-Equity shares

May be issued from time-to-time per decision of the Harmonic Iron Workers Council.

Can be purchased only by Co-op workers or SFP Commune members.

Must be redeemed if the shareholder leaves the Co-op or the Commune permanently.

This provides a means to extend the ownership structure and to provide dividends to non-Commune members who work in the Co-op.




Show me the money!


Initial Valuation


Starting stock value, based on initial capitalization, inventory, estimated weekly expenses, etc. = US $3,500

Initial Communal Shares issue: 3,500 shares valued at $1.00

Minimum Living Wage: $1.40 (pre-tax) = $1.08 (post-tax)



Minimum Living Wage


Minimum Living Wage is based on the quality of the company and the current cost of food.

A worker loses points of wellness per day of working and training. For example, 2 points for a Raw Materials company or a Q1 manufacturer.

The price of food to recover lost points of wellness determines the Minimum Living Wage. For example, it currently costs about $1.00 for a unit of Q1 food to recover 2 points of wellness.

So the Minimum Living Wage provides -- after income tax -- enough money to buy food to cover loss in wellness due to working and training. For example, say the eUS income tax is currently 23%. So the Co-op pays a pre-tax wage of about $1.40 ($1.08 post-tax). The wage ensures that workers can afford food to cover their loss in wellness.

If managers work without a salary, they receive a -10 wellness deduction. So the manager may also be compensated according to the Minimum Living Wage. For example, the cost of Q5 food to restore 10 wellness is currently about $6.00. So the Minimum Living Wage for a manager who works without salary would be $6. This can be compensated via a weekly reimbursement.



Bonuses and Dividends


The bonus and dividend amounts paid out weekly are likely to start small and grow over time.

As a worker's productivity increases and as the overall productivity of the Co-op increases, so do the weekly bonuses.

Since the bonuses are paid out via donations, they are tax-free to the worker.

Additional tax-free weekly income can be earned by (a) joining the Socialist Freedom Party and (b) purchasing worker-equity shares.

The SFP Commune dividend is equal for all Commune shareholders (Party members) who work in the Co-op.

The worker-equity dividend is proportional to the number of worker-equity shares owned by an individual.




Harmonic Iron Workers practising their aim