The Basque Country’s Mondragón Corporation is the globe’s largest industrial co-operative, with workers paying for the right to share in its profits – and its losses. In return for giving more to their employer, they expect more back.
The Basque Country’s Mondragón Corporation is the globe’s largest industrial co-operative, with workers paying for the right to share in its profits – and its losses. In return for giving more to their employer, they expect more back.
That’s corporate socialism, not communism. As someone who lives in the US, I don’t know anyone who would call that communism. #americabad I guess?
I live in a red state, it is common to call any collective action communism. It’s common historically for the right to call collective action or ownership communism.
I think the term they used is best: co-operative
You must have a very very very narrow group of people around you.