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Worker Co-ops in Michael Moore film: “Capitalism: A Love Story”

TOKYO – NOVEMBER 30: Director Michael Moore attends the ‘Capitalism: A Love Story’ press conference at Tosho Hall on November 30, 2009 in Tokyo, Japan. The film will open at a limited number of theaters in Tokyo and Osaka on December 5, and throughout the rest of Japan on January 9, 2010. (Photo by Kiyoshi Ota/Getty Images) The film from Michael Moore, Capitalism: A Love Story, features United States FWC members Isthmus Engineering and Alvarado Street Bakery as examples of economic solutions.  Look for the section on worker cooperatives when you see the movie.  It was released on DVD on March 9th.   The DVD extras include discussion of co-ops by Canadian Tom Webb (with the St. Mary’s Masters of Management of Co-ops and Credit Union), and the Union Cab Worker Co-op. Michael Moore’s Official Website

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Steelworkers form Collaboration with Mondragon, the World’s Largest Worker-Owned Cooperative

Pittsburgh (Oct. 27, 2009) The United Steelworkers (USW) and MONDRAGON Internacional, S.A. today announced a framework agreement for collaboration in establishing MONDRAGON cooperatives in the manufacturing sector within the United States and Canada. The USW and MONDRAGON will work to establish manufacturing cooperatives that adapt collective bargaining principles to the MONDRAGON worker ownership model of “one worker, one vote.” “We see today’s agreement as a historic first step towards making union co-ops a viable business model that can create good jobs, empower workers, and support communities in the United States and Canada,” said USW International President Leo W. Gerard. “Too often we have seen Wall Street hollow out companies by draining their cash and assets and hollowing out communities by shedding jobs and shuttering plants. We need a new business model that invests in workers and invests in communities.” Josu Ugarte, President of MONDGRAGON Internacional added: “What we are announcing…

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Mondragón Worker-Cooperatives Decide How to Ride Out a Downturn

Written by Georgia Kelly and Shaula Massena Tuesday, 01 September 2009 Source: Yes Magazine Mondragón Co-op Grocery Store The Mondragón Cooperative Corporation (MCC), the largest consortium of worker-owned companies, has developed a different way of doing business-a way that puts workers, not shareholders, first. Here’s how it played out when one of the Mondragón cooperatives fell on Strategies hard times. The worker/owners and the managers met to review their options. After three days of meetings, the worker/owners agreed that 20 percent of the workforce would leave their jobs for a year, during which they would continue to receive 80 percent of their pay and, if they wished, free training for other work. This group would be chosen by lottery, and if the company was still in trouble a year later, the first group would return to work and a second would take a year off. The result? The solution worked and…

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