Showing posts with label neo-marxism. Show all posts
Showing posts with label neo-marxism. Show all posts

January 28, 2014

Cooperatives: A Cure for Capitalism?

The Mondragon is the one of the largest worker-owned
cooperatives in the capitalist world, located in the Basque region
of Spain and has been a source of anti-capitalist inspiration
By Zoltan Zigedy,
Marxism Leninism Today

Co-ops -- cooperative economic enterprises -- have been embraced by significant groups of people at different times and places. Their attraction precedes the heyday of industrial capitalism by offering a means to consolidate small producers and take advantage of economies of scale, shared risk, and common gain.

At the advent of the industrial era, cooperatives were one of many competing solutions offered to ameliorate the plight of the emerging proletariat. Social engineers like Robert Owen experimented with cooperative enterprises and communities.

In the era of mass socialist parties and socialist construction, cooperatives were considered as intermediate steps to make the transition from feudal agrarian production towards socialist relations of production.

Under the capitalist mode of production, co-ops have filled both employment and consumption niches deferred by large scale capitalist production. Economic activities offering insufficient profitability or growth have become targets for cooperative enterprise.

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