In most jurisdictions, companies can have classes of shares with unequal voting power. If one of your concerns is to enable a veto, share classifications can get you there pretty flexibly. Also, if outright vetoes are not on the table, you could also embrace the mandatory delay. The class B shares can’t say don’t do it, but they can say don’t do it yet.
A spin on Leninist organizations is to have the top of the organization pick the new members at the lowest levels, and the organization has levels that each select the next level up, to the very top. So, you could have 1,000 members selected by the top 10 committee; with the top 10 committee selected by the top 100 council, who are selected by the membership. Within the “selection,” you can have any variety of mechanisms—proportional representation, districts, whatever. But the organization will tend to maintain its identity over time because the people at the top decide who the right people to bring in are.
So, if you are looking for a way to organize a set of class B votes that can only veto and not participate in the economic benefits of ownership, the Leninist spin organization could give you the members who vote the class B shares.
Two very small contributions:
In most jurisdictions, companies can have classes of shares with unequal voting power. If one of your concerns is to enable a veto, share classifications can get you there pretty flexibly. Also, if outright vetoes are not on the table, you could also embrace the mandatory delay. The class B shares can’t say don’t do it, but they can say don’t do it yet.
A spin on Leninist organizations is to have the top of the organization pick the new members at the lowest levels, and the organization has levels that each select the next level up, to the very top. So, you could have 1,000 members selected by the top 10 committee; with the top 10 committee selected by the top 100 council, who are selected by the membership. Within the “selection,” you can have any variety of mechanisms—proportional representation, districts, whatever. But the organization will tend to maintain its identity over time because the people at the top decide who the right people to bring in are.
So, if you are looking for a way to organize a set of class B votes that can only veto and not participate in the economic benefits of ownership, the Leninist spin organization could give you the members who vote the class B shares.