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...unemployment rates that won't go down and wages that won't go up, some Rust Belt planners and union leaders are feeling optimistic: they're taking inspiration from the Basque region of Spain, where a network of worker-owned cooperatives launched amid the rubble of the Spanish Civil War has grown to become the country's seventh-largest corporation, and among its most profitable...

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

...Mondragon story began in 1941, when a Catholic priest, Jose Maria Arizmendiarrieta (often shortened to Arizmendi), found in the Basque town war-torn devastation where there had been a thriving manufacturing base. He opened a polytechnic school, which in 1956 spawned its first cooperative, a stove factory. Half a century later, the Mondragon enterprise encompasses firms making everything from machine tools to electronics to bicycles, along with a retail division, a university and a significant financial sector, with the large cooperative bank Caja Laboral at its core...

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

John Hope Franklin had a calling. as a supersmart youth in the depths of segregation, he was born to do war with racism. But while others expected him to become a lawyer, he resolved to be a historian. He rejoiced in this vocation and, more than anyone else, taught us that American history and African-American history are inseparably intertwined. To the end of his long life, racial prejudice filled him with fresh indignation, though he was never entrapped in indignation. He had a vast curiosity, a genius for friendship and always a wonderful gleam in his eye - a sign...

Author: /time Magazine | Title: Fond Farewells: Paying Tribute to Notable People Who Died in 2009 | 12/22/2009 | See Source »

...brief weeks this autumn, there were hopes that the long-running civil war in the Niger Delta in southeastern Nigeria might finally be coming to an end. President Umaru Mousa Yar'Adua announced an amnesty deal for rebels and promised billions of dollars of investment in the poor but oil-rich delta, a 10% stake for the local population in the region's oil ventures and a small monthly stipend and re-training for ex-fighters. In return, thousands of militants declared a ceasefire and handed in their weapons, while their leaders initiated talks with the government on an eventual...

Author: /time Magazine | Title: In Nigeria, an Ailing President and Peace Process | 12/21/2009 | See Source »

Read a brief history of the war on Christmas...

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

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