01 July 2012

Yes, there is an alternative to capitalism: Mondragon shows the way

Why are we told a broken system that creates vast inequality is the only choice? Spain's amazing co-op is living proof otherwise

Richard Wolff
guardian.co.uk,

There is no alternative ("Tina") to capitalism?

Really? We are to believe, with Margaret Thatcher, that an economic system with endlessly repeated cycles, costly bailouts for financiers and now austerity for most people is the best human beings can do? Capitalism's recurring tendencies toward extreme and deepening inequalities of income, wealth, and political and cultural power require resignation and acceptance – because there is no alternative?

I understand why such a system's leaders would like us to believe in Tina. But why would others?

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