Newsflash:
Campaigns Share TPP with your Daily Newspaper Economic and Social Justice In Sign of 'New Economy' Rising, Vermont Bill Champions Worker-Owned Co-ops
Sunday, 08 June 2014 13:43

In Sign of 'New Economy' Rising, Vermont Bill Champions Worker-Owned Co-ops

Written by  Lauren McCauley | Common Dreams
Rainbow Grocery, a worker-owned cooperative in San Francisco. Rainbow Grocery, a worker-owned cooperative in San Francisco. (Photo: Amit Gupta/ Creative Commons)

Worker-owned co-ops got a boost on Monday when Independent Senator Bernie Sanders unveiled an initiative in Vermont that champions what many call "the new economy."“At a time when corporate America is outsourcing millions of decent-paying jobs overseas and with the economy continuing to struggle to create jobs that pay a livable wage, we need to expand economic models that help the middle-class," Sanders said during a press conference in Burlington. "I strongly believe that employee ownership is one of those models.

The senator appeared with leaders of a number of local employee-owned businesses to announce two new bills, cosponsored by Senator Patrick Leahy (D-Vt.), that help expand the cooperative ownership model.

Under one bill, the U.S. Department of Labor would provide funding to states to establish and expand employee ownership centers that provide training and technical support for programs promoting worker ownership and participation, much like the Vermont Employee Ownership Center, which the bill was modeled after.

The second bill would create a U.S. Employee Ownership Bank to provide loans to help workers purchase businesses through an employee stock ownership plan or a worker-owned cooperative. 

The Vermont initiative is the latest push for an economic model "whose time has come," according to Marjorie Kelly, author and director of ownership strategy with Cutting Edge Capital consulting firm.

"It’s an economy that aims to serve customers, rather than extract maximum profits from them. It operates through various models, which share the goal of treating suppliers, employees, and investors fairly," Kelly wrote in a recent article in YES! Magazine.

"As the nation struggles to recover from unsustainable personal and national debt, stagnant wages, the damages wrought by climate change, and more, a whole way of life is drawing to a close," Kelly continues.

“Simply put, when employees have an ownership stake in their company, they will not ship their own jobs to China to increase their profits,” Sanders added. “They will be more productive. And, they will earn a better living.”

Link to original article from Common Dreams

Read 4842 times

Trans Pacific Partnership Fast Track - Where Does Your Legislator Stand

Click your state to see your Senators and Representatives

Green = Most Legislators Oppose Fast Track, Yellow = Some Opposition, Orange = Oppose TPP, Gray = Unknown
DeLauro 13 - Signed 2013 DeLauro/Miller letter
Pocan - Signed Freshman Letter Opposing Fast Track
W/M - Signed Ways and Means Letter opposing TPP
Gibson - Signed Rep. Chris Gibson letter opposing TPP
SOPA - Oppose Stop Online Piracy Act - voted against
Currency - Oppose Currency Manipulation (Signed Michaud Letter)
Textile - Oppose changes to "First Yarn" (Signed Textile Industry Letter)

Published Letters to the Editor

  • Pacific trade pact would do more harm than good: Guest opinion

    If government and big business representatives from 12 countries spend years negotiating a massive new trade bill but don't tell the general public about it, does it still go into effect? Can it still accelerate the flow of American jobs to countries that have abysmal records on human rights and labor rights, countries like Vietnam? Can it still spur a race to the bottom where Americans forfeit their moral, environmental and employment standards for larger trade deficits of cheap imported goods and minimum wage employment at home?

    Written on Thursday, 12 December 2013 00:00 Read more...

Join our Twitter Storm

If you have a Twitter account you can help stop Fast Track on the TPP. Sign-in to your Twitter account and copy and paste the Tweets from our Twitter storm. Or you can copy your favorite Tweet and then click on the map and Tweet your legislator.

Twitter Storm Tweets for Tuesday, January 28th @ 9pm Eastern

Tweets for the special State of the Union Twitter Storm will be posted on January 28th at 8pm EST. Check back for the new Tweets.

Find Your Member of Congress

Click here to quickly find your member of Congress by putting in your home address. This site also features a one-click link to the same information in Spanish

ButtonFindElectedOfficials

Then call and ask them to oppose Fast Track on the Trans Pacific Partnership.

Sample script is below.

Script

“I'm a constituent, and I am strongly opposed to my representative giving away Congress’ constitutional authority to control our trade policy. We send people to Congress to stand up for us, not give away their power to stop more American job offshoring and protect us from dangerous imported food that doesn’t meet our safety standards. This latest so-called trade deal, the Trans-Pacific Partnership (TPP), would not only do that - but also ban Buy American and increase our medicine prices. That’s why it’s crucial that Congress not give away its authority to make sure every provision of TPP is in our interest before this massive deal can be signed. Good trade deals don’t need to be railroaded through Congress using Fast Track. I hope my representative will commit to opposing this outrageous legislation.”

Email Your Senators and Rep - Say No On Fast Track and TPP

Send an email directly to your Senators and Representatives courtesy of our partners at CWA. Enter your zip code and your members are automatically selected.

Button-EmailYourRep2

Sign the ERA Petition

ERADemandButton

On Friday, September 12th more than 150 activists will go to DC and Demand that their Senators and Representatives support removing the ratification deadline from the ERA (SJ Res 15 and HJ Res 113)

Button-SignERAPetition

Lori Wallach on the TPP from PDA Progressive Roundtable

Progressive Roundtable with Reps. Ellison and Pocan and Lori Wallach on TPP

TPP: The Biggest Threat to the Internet You've Probably Never Heard Of

Flush the TPP

Congress only has one more week in session this year, the week of December 9. So far our pressure to stop the TPP has been working. Visit Flush the TPP for calling scripts and links to Members of the Ways and Means Committee.

Flush the TPP