Monday, December 9, 2013

From Occupy to Mondragon

After a lightweight article about Occupy, author Carl Davidson entered into a lively exchange with an obnoxious ideologue.

November 28, 2013

If Occupy Is a Battle, the First Round Was a Success

Understanding that the tides of social movements bring challenges and victories.
BY Carl Davidson
Matthew Richard’s essay on Occupy was, for me, a trip back in time, to my rebel youth, nearly 50 years ago. In his voice, I heard the full range of my own ideas and feelings from those “glory days.” In the 1,000 battles I’ve been through since then, I’ve tempered, reframed and even changed some of those views. It would be easy enough for me, in commenting on the essay, to slip into the role of wise old grio. But that’s not what I want. So I offer a few remarks from a different role, that of “co-conspirator.” I made it to Zuccotti Park and a dozen other encampments, too.
First, I don’t think Occupy failed, or has even disappeared. But to understand why, you first have to grasp what it was.
Occupy was largely an elemental rising of the “precariat,” today’s new working class, a distressed young generation burdened with debt and facing a precarious future of frequent joblessness in a wider order of savage inequalities. They had the audacity to choose the right target, Wall Street. They had the wisdom to seek allies, the 99% vs. the 1%. For at least a year, they changed the national conversation and spotlighted the main enemy.

lessthantolerant to                                                                                                                                                                      Carl Davidson
You should move to Cuba or maybe Spain, after all those two socialist countries are so successful, right?
Mondragon could not exist without subsidies from the government as I ca see from the research.
While I see nothing wrong with a Cooperative, silly ideas like yours and other union thugs just will not work.
Please let me know when you leave for Cuba.
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    Mondragon could not exist without subsidies from the Spanish government? Nope. Your research leaves a lot to be desired, to put it kindly. I've spent time studying at MCC in the Basque country, and 'government subsidies' has nothing to do with how they started or how they succeeded. Quite the contrary. They succeed because they create a quality product at competitive prices, and the workers control the entirety of the surplus value they create, relying on their own bank, research institutes and university. I've read a half-dozen books on the topic, and written one of my own as well. Now if you want to talk about the Bankster on Wall St, you have a good case.
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        Since our first New Markets Tax Credits (NMTCs) closing in 2004 we have recieved $704 million in NMTC allocation and invested in 78 projects in 24 states. These projects generated total investments of $1.4 billion and created 7,495 jobs. Our 78 projects are located in urban and rural communities, are large and small, and include for-profit and not-for-profit developers. From a community center in a severely distressed and densely populated area of the South Bronx, NY, to a manufacturer of truck parts in Council Bluffs, IA, our projects represent a cross section of our nation’s communities
        Like all delusional ideas, one can not see the forest for the trees. Your life blood is tax credits and public tax dollars channeled to you through sham corporations fed by government.
        You have to be able to turn a profit to exist once the feeding tube of government funds ceases.
        We shall see, I will follow this typical pipe dream venture for a couple of years, be prepared when I send you a "I told you so"
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          By means of “Subordinated Financial Contributions”, which is an instrument provided for by the Cooperatives Act of the Basque Country and paves the way for accessing the capitals market through the so-called secondary market or AIAF fixed-income market. Eroski was the first one to use this instrument in June 2002.

          It did so through the corresponding issue, which was approved beforehand by Eroski’s Congress and by Spain’s Securities and Investment Board (CNMV), initially amounting to 60 million euros, a figure that was subsequently raised to 90 million in view of the positive response made by investors.

          The main features of this extremely successful issue were: interest indexed to the Euribor +3 points, fixed interest not linked to results, instruments favouring liquidity, security and guarantee assured by Eroski and the fact that the issue and subsequent development were submitted to the approval of the CNMV.
          As one can see, they could not operate with out controlled market and special consideration of government regulations and financing.
          As I said Co-Ops are Ok but on a very limited scale and as long as they chase profit they are shams of your socialist dream.
          Also, feeding off low wage workers in Mexico and Turkey sort of make them hypocrites.
          But you keep your delusion going.
          One question though, where might one read this great socialist/communist manifest YOU wrote?
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              So MCC borrowed money, putting up solid collateral, to build a chain of over 200 supermarkets, which will be repaid, expanding employment and worker-consumer coops throughout Spain. They also lend money, at low interest, for people to buy cars and build homes....And you think this is parasitic subsidies? That's rather odd. Make me wonder what you would think of the federal government here giving land grants to railroads, the Morrell land grants and other support that built our system of state universities--and not even to mention huge military contracts from the Pentagon? But in any case, yes, as transitional measure and for immediate relief to the unemployed workers, I'm much in favor of a green energy industrial policy over a military industrial policy, for a variety of startups, not unlike the New Deal's TVA, whether they are coops or not. I'm interested in smart government, not the right wing fantasy of an anarcho-capitalism of no government. As for my book, you can buy it at

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