Economic Update: Worker Coops: Why and How

Posted on April 03, 2016

On this week's episode of Economic Update, Prof. Wolff provides updates on China's rising wages, lethal overdoses and economic crisis, courts worsen Puerto Rico's crisis, moving jobs to Mexico, and Florida governor tries to help Yale evade taxes. Major discussions of minimum wage debates, workers without college degrees, and workers coops as key to doing better than capitalism.

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Showing 6 comments

Eric White followed this page 2016-08-10 16:41:55 -0400
Richard Vineski followed this page 2016-04-26 11:47:29 -0400
Alexei Gladkikh commented 2016-04-15 18:46:24 -0400
It is covered, but the most famous example is Madragon cooperative in Spain. Originally started by 5 people after WW2, currenly has 80K members and is 6th biggest corporation in Spain. You can find it on web.
Antonio Costa commented 2016-04-15 08:03:44 -0400
I understand taking over “abandoned” workplaces is one of the most obvious ways of starting workers coops, but what about starting from scratch? Do you believe it is feasible? What would be the “ideal” material conditions for such a start? Would it be easier to do in an agricultural setting, or is it only possible in an urban-industrial context? Should there be “organizers” or should it be a “spontaneous” initiative by the workers?

I’m new to the site, maybe you already covered this. If that is the case I apologize.
Alexei Gladkikh commented 2016-04-07 17:30:37 -0400
Evidently Eminent Domain will need to be used to obtain license and any other right for product or process.
Martin Screeton commented 2016-04-04 21:35:20 -0400
Great Update Professor Wolff as usual!