The Rise of the New Economy Movement

notes on Alperovitz, Gar. “The Rise of the New Economy Movement.” AlterNet. 20 May 2012. The New Economy movement: The broad goal is democratized ownership of the economy for the 99% in an ecologically sustainable and and participatory community-building fashion. A range of new economic models are being tried out in small scales– Evergreen Cooperative in … Continue reading

Basic Principles of the Mondragón Cooperative Corporation

This summary consists of both direct quotes and our summary of the Mondragón text. I. Open Admission. The cooperatives do not discriminate on the basis of religion, politics, ethnicity, or sex when it comes to becoming a member of the cooperative. II. Democratic Organization All authority is vested in the General Assembly, which consists of … Continue reading

Mondragón Cooperative Corporation

In most for-profit businesses, labor is hired at the service of capital. For the Mondragón cooperatives, capital is something they rent to benefit the worker-owners. The Mondragón model is not only about distribution of the profits, it is also about control of the business. Capital is borrowed, stock is not sold for financing. All new … Continue reading

Shared Capitalism

notes from Kruse, Douglas L., Richard B. Freeman, and Joseph R. Blasi, eds. Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-Based Stock Options. (Chicago, London: University of Chicago Press, 2010). as well as from sources listed at bottom Shared Capitalism is defined by Kruse, Freeman, and Blasi as any of a … Continue reading