Pronoia for the Poor

Iceland economy is recovering from its collapse a few years ago? How? Because it has pushed losses on to bondholders instead of taxpayers, and because it has safeguarded a welfare system that shielded the unemployed from poverty.

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I Dare You to Imagine How Life Might Improve

Fixing the free market. How co-ops — businesses in which the employees are also the owners of the company — merge economic growth with social goals.

Eufrecina De Jesus, ICDC’s founder and director, says the cooperative model—in which the employees are also the owners of a company—is the only solution for combining the power of business with the social goal of solidarity.