The Basque Country’s Mondragón Corporation is the globe’s largest industrial co-operative, with workers paying for the right to share in its profits – and its losses. In return for giving more to their employer, they expect more back.
The Basque Country’s Mondragón Corporation is the globe’s largest industrial co-operative, with workers paying for the right to share in its profits – and its losses. In return for giving more to their employer, they expect more back.
Corporate socialism? Honestly never heard that. Market Socialism is the form of socialism that seeks to have publicly-traded companies abolished and replaced by co-ops. Mixed with state owned companies in the case of natural monopolies and basic services (transport, electricity, education, health, etc).
Market Socialism is very much aligned with OG Marxism, so I see how red-scared people may call it communism.