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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...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

...Department of Homeland Security announced on Dec. 7 that it will expand its use of unmanned drones to patrol the nation's coasts. The remote-controlled aircraft, which are already used to monitor the Mexican and Canadian borders, will begin surveying for drug smugglers and illegal immigrants off Florida's coast...

Author: /time Magazine | Title: The World | 12/21/2009 | See Source »

When I began the piece, I was well aware of the great when-does-the-decade-begin controversy, which I remembered from the days of Y2K. Back then, most folks seemed to consider the past decade over on Dec. 31, 1999, so it made sense to me to use that benchmark for this decade as well. The editors here agreed with me. Given the name of the magazine, don't they deserve a little license...

Author: /time Magazine | Title: Inbox | 12/21/2009 | See Source »

...what's inside. This is a rare case when the straps around your wallet serve the interests of your children, who might amaze you with what they can produce with a pile of construction paper, a box of crayons, some glue and a quiet afternoon in which to use them...

Author: /time Magazine | Title: Forget Zhu Zhu Hamsters, Classic Toys Have Power | 12/21/2009 | See Source »

...planned strike by cabin crew at British Airways threatened to leave up to 1 million passengers stranded during the entire holiday season - until a judge blocked the industrial action. "Had this been a terrible crash or something, it might be different. But once tempers cool, people will use whatever service is most convenient - and for Paris-London, that's Eurostar," Gill says. (Read: "Brits Get Some Holiday Cheer: No British Air Strike...

Author: /time Magazine | Title: The Eurostar Breakdown: 'Tis the Season to Be Livid | 12/21/2009 | See Source »

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