cooperative economy

SGEP Consensus Cooperative Principles -- March 2014

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The South is the poorest part of the USA. The election of a Black president did not alter this fact. The ongoing national and global economic crises have only intensified this reality.

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In the past year, over a dozen investors made an amazing commitment to the future of worker cooperation and worker-controlled enterprise by investing in Workers Diner. These investments signaled the potential for a new method of raising startup capital for worker cooperative businesses. On the basis of decades-old securities rules, Workers Diner conducted a direct public offering (DPO) in New York, New Jersey, and Connecticut.

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[Editor's note: this is the first part of a two-part series. Read part two here.]

 

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It appears that the new formula for American private sector competitiveness is staring the country in the face.

Last summer, I was interviewed in Vienna, Austria by “Dr. Future,” i.e. Allan Lundell and his wife, Sun Marian McNamee-Lundell. We were joined in the conversation a couple of times by Franz Nahrada, who had brought us together here in his hotel. It was quite an interesting conversation about how our economy generates scarcity and about some possible alternatives, and I am sharing the audio file with you here.

A continuing conversation with Thomas M. Hanna of the Democracy Collaborative, cross posted from Cooperate and No One Gets Hurt

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A new worker-ownership evolution-revolution featuring more virtuous capitalism communities of practice is demonstrating that doing well can realistically and profitably be based on doing good. This brave new economic world is emerging from green-shoot, “made in America” antidotes to structural unemployment and income inequality, sprouting ubiquitously among increasing absentee-owner-plagued urban and rural geographies.

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This article is originally appeared on www.truth-out.org

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This keynote address by Robin Seydel from the 2011 California Cooperative Conference deserves to be widely seen.

The debate over who lost Detroit and how to fix it rages on while Politico reports in “Break-up-the-big-banks fever hits the states” that legislators from “at least 18 states have introduced resolutions this year calling on Congress to split up banking giants by putting back in place a wall between commercial banking, taking deposits and making loans, and investment banking, the world of traders and deal-makers.” It turns out that quarantining the banksters and salvagi

Think of democracy as a garden: structures would be the plants and culture the soil. The soil will determine the quality of the plants more than the plants the quality of the soil. Plant democratic structures in conflicted soil and you get a mix that seriously lacks cooperation and collective power.
An anthill. A beehive. A crackling campfire around which the cave kids could play, the cave elders stay, and the buffalo strips blacken all day

Richard Logie of Aberdeen, Scotland, UK, talked about Complementary Currencies at work in Aberdeen at a TED conference in Leeds, UK. I particularly liked his life-history introduction. He claimed they were poor but they didn't actually know it. They had a "favor exchange" and the more you knew how to do, the better off you were. Click through for an embedded player for the video

There is a great need to re-invent the newspaper so it can serve the needs of particular communities everywhere. The Banyan Project is exploring the possibility of using the consumer co-op model for a community-based internet news service that would help communities advance their own interests.

Tell your Senators to support the credit union lending cap.

The Credit Union Lending Cap Increase needs your support

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