Worker-owned co-operatives: building a more humane economy

Recovery Zone
program date: 
Wed, 03/28/2012
The United Nations has declared 2012 the International Year of Cooperatives, Congress may be considering the National Cooperative Development Act, and worker-owned co-operatives could play a role in creating an economy that treats people as human beings.  One inspiring example is the Mondragon Cooperative Corporation which began among the Basques of Spain in the 1950's and 2010 generated revenues of roughly $20 billion, with nearly 100,000 worker/owner employees. Here in Portland, City Bikes has been operating as a worker-owned cooperative since 1990. "In a nutshell, this means that the workers own and run the business. We share responsibility and profit equally among the worker-owners." City Bike worker-owner Tim Calvert talks with host Stephanie Potter about his own experiences, how worker-owned co-ops could help build an economy and society that works for all its members, and how and why they should be supported.


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