dimanche 28 novembre 2021

Stakeholder Ownership and Sitdown Strikes | Noam Chomsky



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W3Schools

W3Schools

Noam Chomsky 


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stakeholder means workers and community there's no economic reason economic principle that says they that a corporation has to work solely for the benefit of shareholders in fact you can read in the business literature that you could just as well have a corporate system in which the stakeholders are the ones who are involved and in fact they can move in and take over as happens when you get the real worker community ownership there's various intermediate means like a co-determination in german enterprises gives the unions a substantial state part in degree of decision-making i mean it's limited but something does that include the community i mean to the extent that the union doesn't it's not community there it's it's unions but it can just well be community you know once you have worker ownership workers live in the community and that already begins to lead to community involvement through the families and friends the associations the neighborhood associations churches whatever it could be so it's kind of a matter of degree but wherever you have real worker ownership that's going to happen so there's a of course one huge example that's mondragon which is both you know i don't want to say it's utopia is a lot wrong with it but it's a major very successful conglomerate production finance hospitals schools

housing and it's uh that's owned by the participants workers and communities

there's a big sit-down strike at a chicago enterprise republic windows a couple years ago conglomerate wanted to close it workers sat in they finally managed to keep it now they've taken it over they purchased they were able to i'm the conglomerate or multinational whoever it was just want to get rid of it and they were able to buy majority shares is now worker owned and i i was just in ireland recently and there was a big sit-down strike at a a plant a vita cortex it was called and i i when i was there i was able to meet with the workers who had led the strike they got a lot of community support you know people in the community were bringing food and so on it was a some rich businessman wanted to close it they they kind of they win everything but they want a lot from this is it downstrike for them it was a kind of a victory

you

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