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...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 like the university and research center. In other words, each individual cooperative gains long-term benefits from the financial assets of the whole. (How this would play out in the context of U.S. tax rules remains to be seen.) In Cleveland, the Evergreen Cooperative Development Fund, managed by ShoreBank Enterprise Cleveland...
...Well, forget that. Titanic set records that may never be broken, including being the No. 1 box-office attraction for 15 consecutive weeks, from Dec. 1997 to the end of March 1998 - the weekend after it won a record-tying 11 Academy Awards, including Best Picture. The sinking-ship drama finally racked up $600 million stateside, and twice as much abroad, for a $1.8 billion total theatrical take. That made it the all-time top-grossing movie (sixth in real dollars, after Gone With the Wind, Star Wars, The Sound of Music, E.T. and the 1956 The Ten Commandments...
...years ago. Crayola crayons were first produced in 1903. In 1916, Frank Lloyd Wright's son John, inspired by the way his father had built an earthquake-resistant hotel in Tokyo, invented Lincoln Logs. And many great toys are accidents or improvisations, a serenade by kids whose first drum set is a wooden spoon and a tin pot. Play-Doh was invented as a wallpaper cleaner. In 1943 a Navy engineer trying to smooth the sailing of battleships found that a torsion spring would "walk" when knocked over. If you stretched all the Slinkys sold since then...
...negotiations, long hours and a generally poorly planned event. Di-Aping said the Copenhagen Accord would destroy Africa, and compared the agreement to the Holocaust - perhaps not the smartest metaphor that could have been used by a representative of a government accused by some of conducting genocide. That statement set off a free-for-all, but eventually, even the parties most critical of the deal begged for consensus. "Papua New Guinea supports this document, even though it is flawed," said delegate Kevin Conrad. (See the top 10 green ideas...
...critics believe the U.S. is playing a grim waiting game: waiting for people to die in order to avoid potentially costly lawsuits. For a country currently engaged in two wars, accepting comprehensive responsibility for wartime damages could set an expensive precedent. "They know what the problem is and where it is," says Chuck Searcy, country representative of the Vietnam Veterans Memorial Fund. "Why do they now need an environmental impact assessment? They are studying this to death...