This week’s episode of Economic Update features updates from Prof. Wolff on Amazon subsidized by New York, Virginia; French people act to limit corporate greed, Sears favors bosses in bankruptcy too, Pfizer ups drug prices despite Trump, California fires expose US economic divide.
Professor Wolff interviews Matthias Scheiblehner on why his Seattle construction firm, Metis converted into a worker co-op.
Matthias Scheiblehner is a longtime carpenter, builder, and student of history from the Seattle area. He founded Mētis Construction Inc. in 2008. In early 2016, he and 17 coworkers completed the process of restructuring Mētis as a worker controlled, trust held cooperative.