Word: developmental
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Dates: during 2000-2009
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One hallmark of the Mondragon model is its use of capital. Rather than flowing into the pockets of executives and outside investors, a company's profits are distributed in a precise, democratic way; set aside as seed money for new cooperatives; distributed to regional nonprofits; or pooled into shared institutions...
In late October, the Mondragon Corp. and the million-plus-member United Steelworkers (USW) union announced an alliance to develop Mondragon-type manufacturing cooperatives in the U.S. and Canada. Says USW's Rob Witherell: "Initially we are looking to convert an existing manufacturing operation." As for financing new ventures, he...
For decades, American conservatives have been warning of threats posed to the institution by a broad spectrum of foes. Henry Ford blamed Jews for the efforts to remove religious displays from public schools; in the McCarthy era, the John Birch Society saw the holiday as the target of a vast...
While no one objects to the smiles of the mostly impoverished children and their families who visit the Sandinista amusement park, critics claim the Ortega government is starting to provided circuses without the bread. Children have a right to play and have fun, but they also have a right to...
A solution looked possible because Nigeria's government was finally conceding that the rebels' demands - increased development and the environmental repair of the delta - were justified. "The militants are not asking for anything unusual or extraordinary," Defense Minister Godwin Abbe told TIME at his offices in the capital Abuja earlier...