When I was assembling my last book (Corporations: A research agenda), I became quite interested in Mondragon in Spain as an alternative way of organising businesses (and featured them in the book).
Somehow I missed this recent profile on the Spanish Cooperative conglomerate. It make for an interesting read when we are told there is no other way of running firms in capitalism.... because clearly there is!
@ChrisMayLA6
I enjoy listening to Dr. Richard Woolf, an American Marxist economist. He is an advocate for worker's cooperatives. However, my impression is that a worker's cooperative would be a default enterprise to Commons Capitalism Entities (CCEs). While worker's coops can employ 10s of thousands of worker-owners, CCEs can employ tens of millions of workers, and they don't have to be owners.
This community has been going strong for over 50 years.
Neither is a form of socialism although they accomplish results similar to that of socialism. Further, neither of these economic systems are workers cooperatives.
A primer on how Commons Capitalism (CC) works to replace traditional capitalism, i.e., corporations or other entities owned directly or indirectly by individuals. 1/8
@itty53
The point is that Commons Capitalism could be created under existing federal and state laws and regulations. It is structured to outcompete traditional capitalism in virtually any industry.
Several points haven't had a chance to be discussed. First is the question of funding the first CCE. The whole process of populating CCEs will take 50, 75, 100 years? The political battles that will be brought to bare by capitalists. Commons Capitalism is just a rudimentary idea.
@itty53
It needs to be debated by economists, capitalists, socialists, attorneys, accountants, business executives, social historians to name a few. I realize how important is this concept. That's why I'm bringing forward now; I'll be long dead before the first CCE is funded.