Mondragon cooperatives are not part of Spain's government.
"Mondragon co-operatives are united by a humanist concept of business, a philosophy of participation and solidarity, and a shared business culture. The culture is rooted in a shared mission and a number of principles, corporate values and business policies."
If Mondragon is truly run by it's employees, then it's run the same way government is run. Do they take a majority vote when they want to decide whether to lay anyone off?
They aren't expanding for the same reason Spain has a 26% unemployment rate; global capitalism has wrecked the world economy for all but a fraction of 1% of humanity and their useful idiots
Mondragon Corporation - Wikipedia, the free encyclopedia
Spain has a 26% unemployment rate because of all the government's destructive economic policies, not because of capitalism. So in a sense, your claim is correct. If capitalism is destroying world economy, then why does the United states have a 7.3% unemployment rate?
Spain's and the US unemployment rates have risen due to their banking systems buckling under the weight of a massive amount of toxic loans linked to the housing bubble. Wall Street owns both governments, and the best is yet to come.
"And the
memo reveals a lot about Summers and Obama.
"
While billions of sorry souls are still hurting from worldwide banker-made disaster, Rubin and Summers didnÂ’t do too badly.
"RubinÂ’s deregulation of banks had permitted the creation of a financial monstrosity called 'Citigroup'.
"Within weeks of leaving office, Rubin was named director, then Chairman of Citigroup – which went bankrupt while managing to pay Rubin a total of $126 million.
"Then Rubin took on another post: as key campaign benefactor to a young State Senator, Barack Obama.
"Only days after his election as President, Obama, at RubinÂ’s insistence, gave Summers the odd post of US 'Economics Tsar' and made Geithner his Tsarina (that is, Secretary of Treasury).
"In 2010, Summers gave up his royalist robes to return to 'consulting' for Citibank and other creatures of bank deregulation whose payments have raised SummersÂ’ net worth by $31 million since the 'end-game' memo.
"That Obama would, at Robert RubinÂ’s demand, now choose Summers to run the Federal Reserve Board means that, unfortunately, we are far from the end of the game."
Now...blame "government."
Nice bunch of lies. But that's all they are is lies. Spain's system crashed because of Socialism. The BBC did a documentary on Spain, and clearly outlined the whole thing.
BBC News - Valencia: A Spanish city without medicine
The government of Valencia - which runs the health system - owes a grand total of half a billion euros to the region's pharmacies.
Paula guides me into that back room that exists in all pharmacies, where the prescription drugs are kept. The problem is, now, there are not many drugs left.
"Look, this drawer is usually full," she says, pointing to where the suppositories are kept. Now there are only two packets."
She opens the fridge. "Look," she says, "we are down to our last packs of insulin. We just have no money to buy the stock."
Socialism at work. In a Capitalist system, the money available to buy new drugs, would come from current paying customers. Instead, empty shelves.
Now quite a lot of the patients are having to do something which for them is extraordinary: they are having to pay - a bit - for their medicines. There is a sign on the door explaining the new charges.
Isn't it interesting how when Socialism fails, and it always does, they end up right back in good old fashioned Capitalism?
There is the Formula One racetrack, which runs right through the city so the roads had to be redesigned. But the city has lost its Formula One race.
There is the America's Cup dock, with huge sheds for ocean-going yachts and a massive white control tower. But there is no more America's Cup racing in Valencia.
There is the Opera House, a cross between the one in Sydney and something you would imagine only in your more disturbed dreams - 400 million euros to build, 40 million a year to run - 15 performances a year.
The airport that has never seen a single plane land. The theme park built in a place where the summer heat rises above 40C (104F).
Why why why????
Yes, Spain - where the arrival of the foreign media is a juicy story for the local papers but where massive white elephant projects went unquestioned for a decade, and where the banks that funded them, boards stuffed with appointed politicians, have now gone bust.
The banks that funded all these white elephant projects were appointed politicians.
Did you catch that? Government was involved in the banks. Kind of like how our government forced banks to make sub-prime loans in the US.
BBC News - The white elephants that dragged Spain into the red
It has one of the longest runways in Europe but today there are no planes, only hawks and falcons gliding in the still heat over the arid yellow landscape of Don Quixote's Castilla La Mancha.
The airport of Ciudad Real opened in 2008 but it closed in April 2012. The luggage trolleys are now trussed together in the car park gathering dust and cobwebs.
It is not the only white elephant to stomp across Spain's landscape. It is merely one of the herd, a monument to the country's burst construction bubble which brought down its banks.
Why why why???
Before their collapse, Spain's local savings banks (the cajas), were different from other banks in one crucial way - local politicians sat on the board. So companies needed political support for large projects to encourage the cajas to invest.
Both the main political parties were in favour says Santiago Moreno, a spokesman for the socialist PSOE party which controlled the regional government at the time.
"Expert studies commissioned by the airport investors said it would create 6,000 jobs and a boom for the economy. There would have been a before and after for Ciudad Real."
Again, the banks in Spain had local politicians that sat on the board of those banks. The primary party involved..... SOCIALISTS.
Notice also those "expert studies" that claimed 'if you build it, they will come' crap. The same exact 'infrastructure' bull sh!t that leftists have been spewing here in the US.
If you build this infrastructure, it will create 2342397 Billion jobs.... instead the airport with the longest runway in all of Europe, is closed after 4 years, and is now a deserted wasteland.
BBC News - Spain's regional governments: How they got into trouble
The regional governments also found themselves spending more - on big infrastructure projects, on education for the immigrants' children, as well as on providing increasingly expensive healthcare, especially for the growing elderly population.
Well looky there... it's like a socialist manifesto.
Infrastructure projects √
Education spending √
Health care spending √
Well my goodness.... they should be living in utopia by now. The workers paradise!
Back to the point. Yes, blame government. It was politicians in the banks, that pushed through these white elephant projects. No completely private bank, would have funded an airport in Castellon, in which not one single major carrier had signed up to service, prior to it's construction, and to this day has yet to have a single commercial flight land at.
And if that isn't enough evidence for you, a $375,000, 24 metre tall statue of Carlos Fabra, the formerly powerful local politician who was the driving force behind its construction, was erected in the airport.
The problem in Spain, as documented by the BBC, was socialism. It was government. Not Citigroup.