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What is a syndicate?

syndicate
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What is a syndicate?

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A syndicate is a group of bidders who agree to divide the winning bid between them. If your group wins, your share of the winning bid will appear on your invoice. The lead bidder is responsible for assuring that all participants agree to the purchase price for that item before placing a bid.

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A syndicate is a business that sells feature material such as cartoons to newspapers at a cost far less than that which the newspaper would have to pay were they to do the work themselves. This allows a cartoonist to have his/her work appear all over the country and allows even tiny newspapers the opportunity to run big-name comic strips.

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A syndicate (or group play) allows you to share in the purchase of a Lotto ticket by sharing the cost between the members of a group. If the syndicate ticket wins a prize, the total winnings will be divided equally among all of the members of the group.

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As we will use the term, a “syndicate” (often called a “producer co-operative,” or “co-operative” for short, sometimes “collective” or “producers’ commune” or “association of producers” or “guild factory” or “guild workplace”) is a democratically self-managed productive enterprise whose productive assets are either owned by its workers or by society as a whole. It is a useful generic term to describe the situation aimed at by anarchists where “associations of men and women who . . . work on the land, in the factories, in the mines, and so on, [are] themselves the managers of production.” [Peter Kropotkin, Evolution and Environment, p. 78] It is important to note that individuals who do not wish to join syndicates will be able to work for themselves. There is no “forced collectivisation” under any form of libertarian socialism, because coercing people is incompatible with the basic principles of anarchism. Those who wish to be self-employed will have free access to the productive assets

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As we will use the term, a “syndicate” (also called a “producer co-operative”, or “co-operative”, for short, sometimes a “collective”, “producers’ commune”, “association of producers”, “guild factory” or “guild workplace”) is a democratically self-managed productive enterprise whose assets are controlled by its workers. It is a useful generic term to describe the situation aimed at by anarchists where “associations of men and women who . . . work on the land, in the factories, in the mines, and so on, [are] themselves the managers of production.” [Kropotkin, Evolution and Environment, p. 78] This means that where labour is collective, “the ownership of production should also be collective.” “Each workshop, each factory,” correctly suggested James Guillaume, “will organise itself into an association of workers who will be free to administer production and organise their work as they think best, provided that the rights of each worker are safeguarded and the principles of equality and ju

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