Economic Justice

Could Cooperatives Become the Fastest Growing Business Model?

 

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I see economic democracy at three main levels: 1) workers gaining greater control of the workplace and participating in management, 2) collectively controlling investment funds to benefit local and regional economies, and 3) democratically allocating resources through a national investment fund to achieve social goals.

In the middle of the Greek monetary (Euro) crisis, people have discovered a way around the system that's been rigged against them. They are setting up local currency and exchange systems and doing business, effectively, without government money. The breathless story can be found at Raw Story and it is well worth reading and thinking about. But, for me, that's just the tip of the iceberg.

OWS and its progeny are creating a "rough and ready democracy" around the country
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Campaign Grows to Divest from "Too Big to Fail" Banks to Local Banks, Credit Unions...Saturday Nov. 5 set as "Bank Transfer Day"
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The occupation movement's greatest challenge will be overcoming the deep distrust of white liberals by the poor and the working class, especially people of color. The civil rights movement achieved a legal victory, not an economic one. And for the bottom two-thirds of African-Americans, life is worse today than it was when Martin Luther King marched in Selma in 1965.
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Publicly-owned banks were instrumental in funding Germany’s “economic miracle” after the devastation of World War II. Although the German public banks have been targeted in the last decade for takedown by their private competitors, the model remains a viable alternative to the private profiteering being protested on Wall Street today.
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by Ethan Miller



"Fall in love with hard and patient work-we are the beginning, not the end."

-Zizek, at #OccupyWallStreet

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Announcment from the NYC Network of Worker Co-ops in English and Spanish
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It's  time for higher education institutions to rethink their role in our economy and our society.
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Bringing the stories of local economic innovators to life through 7 short films
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The following communication was sent Sept. 9, 2011 by the American Monetary Institute regarding Kucinich's Sept 7, speech in which he introduced the National Employment & Economic Defense (NEED) Act.

 

African Americans and the working class in general has always have always had a tough time under capitalism, which operates off our backs.  But the economic exploitation reached a new level when the predominantly white middle class, which tended to benefit from this oppressive arrangement, also started to get knocked off their feet. Award winning producer of Capitalism:  A Love Story Michael Moore lays out a very interesting history and encourages people to take action.

by Michael Moore

Co-Soap Hopes Its Unique Business Model Will Spark Economic Growth and Justice.
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John Duda, of Red Emma's Bookstore Coffeehouse, a worker-owned and operated business in Baltimore, writes in the spring issue of Indypendent Reader about the process of building a just and sustainable economy by examining a local worker dog-walking cooperative called Just Walk, Cleveland's Evergreen Cooperatives, and the Sojourner-Douglass College plan to rebuild a neglected part of Baltimore called Oldtown with a community wealth strategy that will include cooperatives. 

a key thinker and writer about the commons
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