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1worker1vote.org and Mondragon International North America are building a national network of unionized worker-owned cooperative businesses to overcome inequality of opportunity, mobility, and income.

Monthly Archives: May 2014

Mondragons in Appalachia

Sixty years later, the global industrial worker cooperative phenomenon, Mondragon, inspired by a village priest, proves that a transformational solidarity economic vision backed up by decades of persevering sweat equity can make all the difference between endemic poverty and a sustaining middle class. Yesterday at the Franciscan University at Steubenville, Ohio, I witnessed the privilege of seeing my niece graduate…

“It’s total moral surrender”: Matt Taibbi | Salon.com

From Salon.com: His relentless coverage of Wall Street malfeasance turned him into one of the most influential journalists of his generation, but in his new book, “The Divide: American Injustice in the Age of the Wealth Gap,” Matt Taibbi takes a close and dispiriting look at how inequality and government dysfunction have created a two-tiered justice system in which most…

Shareholder capitalism vs. stakeholder capitalism | The Washington Post

Harold Meyerson writes in this Washington Post op-ed: Shareholder capitalism in the United States has reached the point of absurdity. More than three decades ago, economist Milton Friedman argued that a company’s sole obligation should be to its shareholders. But even Friedman didn’t argue that companies should cut back on everything else or plunge themselves deep into debt just to…

Fagor Electrodomesticos – A U.S. Perspective

by Phil Amadon and Kristen Barker (Cincinnati Union Co-op Initiative) The failure of Fagor Electrodomesticos (FE) and the beginning successes of the union co-op movement inspired by the Mondragon–United Steelworker agreement in 2009 are two sides of the same coin. The majority of the working class around the world seems to know more clearly than any other social group that…

Raise the Structure

Michael A. Peck plenary presentation to the Jackson Rising Conference Jackson, Mississippi Saturday, May 3rd, 2014 Dual-track Americas: One is fast becoming a majority minority country within the next two decades Another America is experiencing the highest degree of absentee ownership in its history. The two do not overlap and they compete for air. The true struggle to regain local…

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