Tag Archives: Cooperative

New Cooperative Refinances Student Debt with Community Funds

New Cooperative Refinances Student Debt with Community Funds
Over the past two decades, the amount of money a college student must borrow to pay for their education has doubled. The graduates of 2014 now sit at the top of the class in student debt. Tuition fees have risen dramatically as household incomes have stagnated, at best, causing some 70 percent of students to fund their higher educations through loans. During the recession, the student debt issue really picked up steam as these kids ... Read more

Marinaleda: the village where people come before profit

Marinaleda: the village where people come before profit
Marinaleda has been called Spain’s ‘communist utopia,’ though the local variation bears little resemblance to the Soviet model most associate with the phrase. Classifications aside, this is a town whose social fabric has been woven from very different economic threads to the rest of the country since the fall of the Franco dictatorship in the mid 1970s. A cooperatively-owned olive oil factory, houses built by and for the community, and a ... Read more

After Piketty, the ownership revolution

After Piketty, the ownership revolution
Now that the first round of intellectual debris left in the wake of French economist Thomas Piketty’s explosive best-seller “Capital in the Twenty-First Century” has begun to settle, it may be time to look more closely at the gaping hole it has left not only in political-economic analysis but also in conventional political strategy. After Piketty documented long-running trends that have turned over ever-increasing shares of national income ... Read more