Building A #Solidarity #Economy Under the #cooperative model, #workers own the #business, reducing #injustice because they have a stake in the #community and because an #individual will find it hard to exploit oneself. Workers often buy into their jobs (upfront or amortized), vote on major decisions in general #assemblies or #committees, and even #voluntarily donate to the co-op for re-#investment. Known as “#workplace #democracy,” this model of authentic self-determination renders state action superfluous. The flagship #Mondragon Corporation, the seventh largest company in Spain by asset turnover (and a federation of hundreds of #cooperatives) is a controversial but impressive #proof-of-concept that worker cooperatives can do everything the #vampiric large-scale, #capital intensive firms can, but BETTER !!! Viva la Anarchia /Chris #OccupyVienna
Posted on: Fri, 20 Sep 2013 00:34:24 +0000
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