After spending more than a decade building new ventures, the Evergreen Cooperatives have started pursuing a new answer to the long-running question of how to expand the co-op sector — co-op conversions.
Over several decades Euskadi has transformed itself into one of the most internationally competitive, socially inclusive, environmentally progressive economies in the world. It is a polity that welcomes economic globalization as an opportunity, while reaffirming local community and cultural identity.
“The most significant things happen in history when you get the right people in the right place at the right time, and I think that’s what we are,” Mayor Lumumba told me this February in Jackson.
In Extraenvironmentalist #61 we talk about historical economic transitions with professor, economist and author Rick Wolff and his recent book Democracy at Work: A Cure for Capitalism.
In a co-operative, Labour hires Capital – capital becomes merely another resource that the business requires to produce its services or products. The aims of the business are to produce excellent goods and services, to provide good terms and conditions for employees, to be fair to suppliers, to provide limited* returns on investment for investors, to support local communities and to respect the environment.