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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="rickyb" data-source="post: 3113309" data-attributes="member: 56035"><p>this is just mondragon. some people call it a semi cooperative; not sure what they mean by that. in the union cab coop video above she specifically said "we share the risk" because the workers collectively own it, whereas in a traditional corporation you may own little to nothing.</p><p></p><p><strong>AMY GOODMAN:</strong> Mikel, can you explain how the management structure works? What does it mean to say worker-owners?</p><p></p><p><strong>MIKEL LEZAMIZ:</strong> OK. Yes, we set up the most important things, therefore, in the cooperatives is the <strong>general assembly, the general assembly formed by all the workers that are the members of this cooperative</strong>. For example, going to Fagor domestic appliances, they are at this moment 2,500 workers, producing washing machine, dishwashers, the refrigerator, and then so on—2,500. <strong>And they set up at least once a year the general assembly in order to make the most important decision and decide the strategy, the annual report, and to approve the annual report, and then so on. And in this case, it’s the general assembly who makes the decision. But after that, we choose the governing council</strong>—the board of directors, you say—the governing council, that in the case of Fagor, they have 12 people—president, vice president, secretary and another nine. In the small cooperatives, there are maybe only three or maybe five, seven, nine; or being big, 12 people. And this governing council set up at least once a month in order to make the decision every month. And they choose the general manager, the CEO, in order to execute and to manage the company, and in this case, to propose the important decision. But it’s the governing council that makes the decision. It’s not the general manager. And after that, the general manager has the finance director, the people director, production director, marketing director, as they need.</p></blockquote><p></p>
[QUOTE="rickyb, post: 3113309, member: 56035"] this is just mondragon. some people call it a semi cooperative; not sure what they mean by that. in the union cab coop video above she specifically said "we share the risk" because the workers collectively own it, whereas in a traditional corporation you may own little to nothing. [B]AMY GOODMAN:[/B] Mikel, can you explain how the management structure works? What does it mean to say worker-owners? [B]MIKEL LEZAMIZ:[/B] OK. Yes, we set up the most important things, therefore, in the cooperatives is the [B]general assembly, the general assembly formed by all the workers that are the members of this cooperative[/B]. For example, going to Fagor domestic appliances, they are at this moment 2,500 workers, producing washing machine, dishwashers, the refrigerator, and then so on—2,500. [B]And they set up at least once a year the general assembly in order to make the most important decision and decide the strategy, the annual report, and to approve the annual report, and then so on. And in this case, it’s the general assembly who makes the decision. But after that, we choose the governing council[/B]—the board of directors, you say—the governing council, that in the case of Fagor, they have 12 people—president, vice president, secretary and another nine. In the small cooperatives, there are maybe only three or maybe five, seven, nine; or being big, 12 people. And this governing council set up at least once a month in order to make the decision every month. And they choose the general manager, the CEO, in order to execute and to manage the company, and in this case, to propose the important decision. But it’s the governing council that makes the decision. It’s not the general manager. And after that, the general manager has the finance director, the people director, production director, marketing director, as they need. [/QUOTE]
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