Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

muriel_volestrangler

(105,883 posts)

20. Which may be OK for a large, diversified entity like Mondragon

Reply to Dont call me Shirley (Reply #18)

Sun Aug 23, 2015, 04:37 PM

Aug 2015

(revenue €11.5bn, 74,000 workers, in several sectors), but for the self-employed it's no solution. And for people in small companies, it means they depend on that one small company continuing to do OK for all of their retirement.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

28 replies

= new reply since forum marked as read

Highlight:

“Don’t Owe. Won’t Pay.” Everything You’ve Been Told About Debt Is Wrong [View all] marmar Aug 2015 OP

Good post. Yes, debt in fact in meaningless. PatrickforO Aug 2015 #1

imagine if the power of fractured interest was used to benefit questionseverything Aug 2015 #2

This is the perfect time for states to start their own banks. JDPriestly Aug 2015 #5

Like North Dakota? KansDem Aug 2015 #7

Yes. It is. JDPriestly Aug 2015 #22

"People like to do business in dollars." A HERETIC I AM Aug 2015 #6

Why do I think that is? PatrickforO Aug 2015 #10

This part is incorrect; (Edited) A HERETIC I AM Aug 2015 #12

Yeah I know about the T-Bills we sell to finance our deficit spending, but I'm still saying PatrickforO Aug 2015 #19

Of all the above post..... A HERETIC I AM Aug 2015 #23

They do business in dollars because the US wants it TexasBushwhacker Aug 2015 #15

Well of course they (we) want it that way. A HERETIC I AM Aug 2015 #17

''Citizen Audits'' Octafish Aug 2015 #3

Time for a debt jubilee! Dont call me Shirley Aug 2015 #4

Pension funds own billions of debt. Nye Bevan Aug 2015 #8

It would be wise of what pension funds still exist to divest of investment in debt. Dont call me Shirley Aug 2015 #9

If funds couldn't lend money to people or governments muriel_volestrangler Aug 2015 #11

Debt is an endless shithole. Nationalize banks, reinstate glass-stiegel, unions and democratic Dont call me Shirley Aug 2015 #13

"workplaces can manage their own pension funds" - in what way? muriel_volestrangler Aug 2015 #14

Mondragon was more what I was thinking of. Dont call me Shirley Aug 2015 #18

Which may be OK for a large, diversified entity like Mondragon muriel_volestrangler Aug 2015 #20

We need to create more Mondragin-like businesses here and throughout the world. Dont call me Shirley Aug 2015 #21

Good Point 1939 Aug 2015 #25

"A movement is arising to challenge these debts" dixiegrrrrl Aug 2015 #16

The worse fear is realized - you cannot sqeeze money out of a turnip. Equality scares the wealthy. Rex Aug 2015 #24

Very interesting read. last1standing Aug 2015 #26

So, no more credit cards, small business loans,student loans, mortgages, etc. Nuclear Unicorn Aug 2015 #27

You forgot to complete the aphorism whatthehey Aug 2015 #28