Cooperative Economics

Martin Luther King’s final speech “I have been to the mountaintop” Is his Cooperative speech!
I too am happy to be here now in the first half of the 21st century. Because now is the time for the worldwide birth of democracy in economics. In this speech Martin said:
“Strangely enough, I would turn to the Almighty, and say, “If you allow me to live just a few years in the second half of the 20th century, I will be happy.” Now that’s a strange statement to make, because the world is all messed up. The nation is sick. Trouble is in the land; confusion all around. That’s a strange statement. But I know, somehow, that only when it is dark enough can you see the stars. And I see God working in this period of the twentieth century in a way that men, in some strange way, are responding. Something is happening in our world. The masses of people are rising up.”
“And also in the human rights revolution, if something isn’t done, and done in a hurry, to bring the colored peoples of the world out of their long years of poverty, their long years of hurt and neglect, the whole world is doomed. Now, I’m just happy that God has allowed me to live in this period to see what is unfolding. And I’m happy that He’s allowed me to be in Memphis.”

Wealth, as defined by the turn of the century political economist Henry George, is a byproduct of labor, the return you get from labor . As an example he uses the garden the return the gardeners gets from their labor is measured in abundance.The same is true for capital. The investor keeps the wealth and pays the workers wage, a small portion of the wealth created by the worker. The investor controls the capital without any regard for our environment. economy or our local communities. Workers can get together and do anything collectively. The taxpayers, in the world, are the workers. And the taxpayers, in more than one country, have bailed out the financial institutions of the world. So therefore are owned by the workers. It is their right to control it. The yearly labor of the worker is capital. Not only the investment.

End economic slavery, economic apartheid and economic inequality! We are all equal! Worker ownership is democratic economics..
Worker ownership is capital subservient to labor. Capitalism is capital over labor. With worker control through participation, one worker one vote, you can achieve democratic capitalism and therefore set the first blocks in place for a true democratic society.
In order to survive we must changes our view of economics. Co-operation instead of competition is the order of the day. Without Co-operative democratically controlled economics, controlled by the local worker, we are doomed to failure. Economically, environmentally, and we fail our children.

The proverbial one percent retools and builds up manufacturing in other countries so they can make goods, with cheap labor for the biggest consumer in the world, America. But the American consumer is the worker.
In the Basque region of Spain a community made up of 16% of Spain’s population. Created a worker owned, democratically controlled, one worker one vote, economic system. Just their retail business alone, went from 90th top retailer, in the world, to 25th place between 2009 and 2011. While this system, based only on the investor, crashed. The equity of the American taxpayer, the American worker, guaranteed the bail out. Believe me the American worker created this consumer economy and when the workers in America can’t spend then the world economy suffers. How much more could the American Worker create with a system like the Basque who are such a small population of workers.  I must refer to a part of their history here. Because in every downturn of the world economy, they survived even grew, because of the 10% health education and welfare. For example in the 1980’s they had to close some factories. They had the funds to pay their unemployed workers, educate them, and keep the in health care. Then they created new factories, based on computers, instead of just household appliances.
“The Mondragon Cooperative Corporation was started by students of The Founder in a Cooperative school in the 1948, in the Basque community. Father Jose’ Arizmendi began working to establish an independent school to teach craft and industrial skills to boys 14-16. He formed a parents’ association to work with the students to generate popular interest and support. The sponsoring association solicited contributions from local enterprises also raised money through cultural and social events.
As a climax to the organizing campaign, the sponsors placed boxes on the principle street corners of Mondragon Spain in which all the citizens interested in the school could put slips of paper with their names and addresses and a statement indicating what they were prepared to contribute in money or personal services Those entering their names became members of the organization and gained the right to vote for officials and determine policy.”
From The Making of Mondragon
 In my 18 year study of Worker owned economics. I recognized that workers have certain rights. True democracy depends on local participation. Workers are the bottom line of democracy. “End economic slavery, economic apartheid and economic inequality! We are all equal! Worker ownership is democratic economics”.

The Democratic Workers Bill of Rights

Written by; Robert Francis Griffin,(Abin) All Rights reserved (2011)
We recognize that workers have inalienable rights, by reason of their labor, among these are:
{#1} The right to own and democratically control the capital.
{#2} The right for 10% of the capital to belong to the health, education, and welfare, of the worker and family.
{#3} The right, for 20% of the profit capital to be reinvested in the research and development of new businesses.
{#4} The right, for 70% of the profit capital be divided by equal worker dividends.
{#5} The right to equitable salaries. Equal time and services equal pay.
{#6} The right to limit management terms in office.
(#7) The right to healthy and safe working conditions.
{#8} The right to environmentally safe business practices.
{#9} The right to collectively bargain with management.
{#10}The right to an annual paid vacation.

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