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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.

Author Archive for Michael Peck

Do Three Imminent Regulatory Ripples a Worker Ownership Tidal Wave Make?

The Holy Grail for those preferring to work within the current predatory capitalist system rather than overthrow it is to combine market-based incentives with progressive but not redistributive policies. Given the vast, untapped waste lands of anachronistic and inequality-enabling U.S. tax, financial, labor and commerce regulations, it’s refreshing to note three new developments that can feed the evolving, aspirational “Ownership…

Labor Day in America

Obdurately like a species voting for its own extinction, American Democracy self-deports its founding values in exchange for a massive solidarity deficit with well-defined causes and victims but some emerging remedies. Four categories cry out for a national conversation this Labor Day: decaying civic culture, shareholders with more rights than stakeholders, comparative actuarial tables based on race and economic class,…

Ownership for All

Only 32 million American employees, about ten percent of the country, have some form of equity relationship with their workplaces. Despite intense economic populism positions taken during the 2015-2016 presidential campaigns by leading candidates from both parties; widespread, deepened, and more inclusive worker equity policies and practices are still adrift on the nation’s cutting room floor. This is no small…

What’s the Matter with Little England?

“The global economy remains stuck in a deflationary expansion of minimal growth and minimal rates and electorates are increasingly voting in the developed world against wage deflation, high unemployment, immigration and inequality.” Merrill Lynch investors note, Monday, June 27, 2016 Post-Brexit sociopolitical psychoanalysis cannot be fully served without rehashing the relevance of Thomas Frank’s 2004 benchmarking literary diagnosis, “What’s the…

Ending the Disgrace Through Widespread Worker Ownership

Recombined excerpts from Democratic Party Presidential Candidate, Bernie Sanders, Speech to Supporters, on Thursday, June 16th, 2016, with comments by Michael A. Peck, 1worker1vote.org co-founder and executive director: “Real change never takes place from the top down, or in the living rooms of wealthy campaign contributors. It always occurs from the bottom on up – when tens of millions of…

The 2008 Beginnings of the End of Top-Down

“History is a nightmare from which I’m trying to awake” declares “Ulysses” author James Joyce’s alter ego character, Stephen Dedalus. Eerily in a back to the future moment, the 2015-16 presidential campaign debates and primary voting dynamics uncomfortably prove we are all Stephen Dedalus. America is fitfully waking up after digesting the 2008 Great Recession acidic nightmare of flagrant financial…

National Inequality Snapshot (1941–2016) – Chapter 3/3

Virtuous Cycle Metrics Will Combat Today’s Structural Inequalities Once Unleashed The first two chapters in this 1worker1vote.org three-part series, a National Inequality Snapshot (1941–2016), looked at America’s political, economic, demographic, generational and racial divides over the past 75 years. Clearly, inequality-drenched economic graffiti on America’s main street-commons civic wall is producing rising medical costs for those with no recourse, actuarial tables…

National Inequality Snapshot (1941–2016) – Chapter 2/3

How Inequalities Unite to Divide Being a divided nation is nothing new. It’s part of America’s historical DNA beginning with pioneers, settlers and colonialists against Native Americans, the British, French and Spanish against each other, Tories against Revolutionaries in 1776, and North against South from 1860 – 1864, with strong cultural ramifications felt keenly today in emerging movements such as Black…

America’s National Inequality Snapshot (1941–2016) – Chapter 1/3

(slides courtesy of Erica Swinney, 1worker1vote.org Advisory Board member and Program Director, Manufacturing Connect, Manufacturing Renaissance) America’s inequality indices have steadily worsened since Franklin D. Roosevelt’s 1941 “Four Freedoms” State of the Union address (freedom of speech & worship and freedom from want and fear). Seventy-five years later, the first point of Barack Obama’s eighth and final State of the Union speech…

Note to NYT: Healthcare COOPs Are Not Cooperatives

Confusing apples with oranges does extreme disservice to both. In “Health Cooperatives Find the Going Tough,”  New York Times reporter Reed Abelson confuses cooperatives with “COOPS” (consumer owned and operated plans).  Unpacking Mr. Abelson’s confusion constitutes a national service to combat spreading healthcare deserts disenfranchising the poor and people of color in America’s inner cities. First, the healthcare “COOPS” described in…

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