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.
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.
When all the economic news you read is gloomy, you’re getting a distorted picture of reality. Try these to supplement your fact-finding mission.