Ethics and Economics Forum Meeting 03.26.2015
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Description
During this meeting, Associate Professor Anthony Haynor of the Department of Sociology, Anthropology and Social Work, will discuss worker-owned businesses. "The prevailing capitalist model is one in which 'profit' goes to investors with workers receiving a 'wage' as compensation for their labor/expertise," Dr. Haynor explained. "The state has entered into the picture in cases in which the 'wage' is deemed to be inadequate (minimum wage laws) or there is no wage (public assistance, food stamps, unemployment compensation, etc.). But, what if the workers were the investors and were responsible for the work process, for what is done with profit, and for the wage/benefits structure?" According to Dr. Haynor, the area of worker cooperatives contains an established Catholic tradition, demonstrated through Pope Leo XIII's Rerum novarum, Pope Pius XI's Quadragesimo anno, G. K. Chesterton's distributism and the Mondragon cooperatives established in the Basque region of Spain in 1956. A 2013 documentary, titled Shift Change, mentions the Mondragon cooperatives and reports on experiments primarily in the United States. Shift Change may be found through SHU Libraries.
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