Mondragon Cooperative Part One
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All the doubters should watch the bbc horizon "the mondragon experiment", and understand that today they are 60k worker-owners compared to the 17k in the 80es.
To all the people defending the coops: Just remember, that it works :-) How is only important if you want it to be important. For me it is, which is why iam trying to figure out what might stand in the way of coops where i live: Laws/institutions, ideas/culture, financing?
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@TheLibertarianzye name a company under the current system that has not sufferd? there system has worked for 6 decades with the same unemployment rate witch is to say almost 0,if it ant broke dont fix it, and why should one bad decision in the current system effect 95% while the other 5% that caesed the problem in the first place reap the benefits? dont buy in to the propaganda bro look in to the history of our economic system
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This is my blog which is about advocating a workable mechanism to enable this type of idea to get off the ground.
Google modernized crat guilds and Robert Hennecke.
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@tomblack2112 Adam Smith would also have unlikely to have been a latter day proponent of forced labour aka the Foxconn gulag archipleago.
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If a business could keep all of its workers' massive initial capital investment and wages to paper over losses and get subsidized by the coercive State it would always be profitable as well. This is proof of why co-operatives will never work.
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@TheLibertarianzye And this is different from the current state of corporatism how? Oh yeah, CEO's are all highly educated and can make decisions about the inner workings of a company based on marketing charts and Sun Tzu's Art of War, e.g. Lehman Bros.
As far as being able to do this from the beginning, you're right. Just didn't think we needed to. Put my trust in the wrong people I guess.
BTW, Adam Smith would have cringed at the thought of enduring incorporation. Smacks of mercantilism.
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When businesses fail or skip town, whole communities are devastated. That is not just the problem with *this* system but with an autocratic or bureaucratic hierarchical social structures too, only with a cooperative system people actually had a say in making the decisions for better or worse. It's the socialization of risk and the socialization of profits rather than the socialization of risk and the privatization of profits like you get with actually existing capitalism.
Instead of conning taxpayers into inflationary bailouts for corporate-government racketeering, the Treasury should publicly disclose the bankruptcy of the Big Three automakers, the Federal Reserve Corporation and other private and unlawful monopolies that destroy our economy. The assets should be owned and operated by employees as done like Mondragon.
CinetopiaNet 3 years ago 15
Good video, good comments and a very important and timely subject matter. This is the way forward!!!
rnick321 3 years ago 6