Capitalism: An Update

In Michael Moore’s latest blog entry, he lists 15 things that we need to start doing now to change the world and take our economy back.

I read with baited breath. Would he actually mention co-ops?

After a litany of things to do involving our elected officials in Washington, D.C. (all good ideas, by the way), he makes the following comments:

1. Take your money out of your bank if it took bailout money and place it in a locally-owned bank or, preferably, a credit union.


4. Unionize your workplace so that you and your coworkers have a say in how your business is run. Here’s how to do it (more info here). Nothing is more American than democracy, and democracy shouldn’t be checked at the door when you enter your workplace. Another way to Americanize your workplace is to turn your business into a worker-owned cooperative. You are not a wage slave. You are a free person, and you giving up eight hours of your life every day to someone else is to be properly compensated and respected.

The italics are mine.

It is always great to start the day with such a upbeat message!

Thanks, Michael

About John McNamara

John spent 26 years with Union Cab of Madison Cooperative and currently helps develop co-ops in the Pacific Northwest. He holds a Ph.D. in Business Administration and Masters in Management: Co-operatives and Credit Unions from Saint Mary's University.
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