Recently I have been exploring some of the potential dynamics, for what could be internal growth driven corporate structures. These structures would start out their corporate lives by providing a valid, lifelong marketplace for local time value. Many local populations need better economic options, for they remain short on organizational capacity - in some instances, since the changes wrought by agriculture going on a century earlier.
Today, a lack of (formal) organizational capacity means a lack of economic access, as well. Unfortunately, when people have too little economic access, they are consequently in greater need of multiple services. However, when there is insufficient time value representation in the marketplace, people lose the ability to gauge the importance that services actually hold, in relation to other time use and resource potential.
Continuous timelines for economic activity, would help to determine the important service time investments for local groups and individuals, in relation to other production and consumption options. For instance: given a marketplace for time value, individuals would not be compelled to automatically substitute other resources, which in some instances feel "second best" to time based product. One simple example would be an option to choose compassionate individuals who are willing to take time out of a day to listen, as "supplier" alternatives to medication for depression.
One of the greatest social benefits of corporate identity, is its ability to provide timelines for the preservation of knowledge and resource use patterns. Corporate timelines for non tradable services formation (time based product), would calendar voluntarily matched time on equal terms. Symmetric time compensation allows time value to exist in its own capacity as a commodity good. By tapping time value as a resource for further "processing", communities can "grow" service formation as direct wealth creation. In other words, there would be no need to seek funding either from prior existing wealth or government redistribution.
Local corporate timelines would begin with non tradable services product, and gradually expand into asset formation alongside elements of tradable goods production. The non tradable elements of time and place are a logical place to begin, for the internal corporate structure of local community. By virtue of their inherent (hence understandable) limitations, time and place greatly affect other options for resource use and investment potential. Personal time availability - and the geographic place associated with time based product - are radically different from other available resources, because they represent product formation which occurs through one circumstance at a time, in one place at a time. This format is also responsible for any knowledge dispersal which relies on a unique set of conditions.
Tradable goods production has been able to escape many of the problems that are associated with the non tradable production of specific time and place, in terms of flexibility. One reason is the fact tradable goods are able to rely on repetition in both time and place factors of knowledge use, for final product. As a result, this form of corporate structure can coordinate time use as a more limited component with technology, automation and other forms of capital and resources.
Whereas local corporate structure (for non tradable time based services product) needs to coordinate time use as a central component in product formation. As a result, local corporate structure would realize production gains through diversity in local consumption coordination, and results which are easy to determine for time aggregate preferences. For local producers and consumers, progress would come in the form of more options for local time and resource use, and more knowledge brought to bear on the circumstances at hand.
It's not uncommon to hear, "Just because a corporation produces wealth, does not mean they subtract wealth from something or someone else." This rationale generally holds, in the sense of tradable goods where resource aggregates exist outside of time based product. However, capacity for wealth formation can be negatively affected, when the product in question involves time based services product which is a result of time based resource capacity. When associations stake claims on time value, distortions can arise for other dimensions of time use potential, as has been the case in terms of minimum wage levels.
By creating a marketplace for time value, local corporate structures could partially replace some missing elements in knowledge based services sectors. Not only would this help individuals in the sense of greater time and knowledge use availability, it would provide more balance in terms of location for knowledge based services and the additional marketplace availability they would provide.