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Bernie Sanders & Vermont Move Towards A New Economy That Champions The Middle Class

US Politics & Gov't  (tags: Bernie Sanders, Vermont, New Economy, Favors Middle Class, Stops Corporate Out-Sourcing Overseas, politics, news, usa, goodnews, economy )

- 1447 days ago -
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."

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Fiona Ogilvie (565)
Tuesday June 3, 2014, 8:29 pm
“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.

Fiona Ogilvie (565)
Tuesday June 3, 2014, 8:31 pm
"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.”

B Lewenza (76)
Tuesday June 3, 2014, 8:42 pm
Noted Betsy Wonderful idea especially in a struggling economy, “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.” so very true.

Lady Suki (446)
Tuesday June 3, 2014, 9:25 pm
^_^ Go Bernie.

Joanne Dixon (38)
Tuesday June 3, 2014, 9:47 pm
I've dealt with companies that claimed to be employee owned, such as United Airlines and UPS (I don't think either one claims that any more). It always made me want to say, "So, you're an employee-owner? So how many employees do you own exactly?" I'm sure this proposed law establishes a MUCH better entity. But maybe another term could be found.

Gene J (290)
Wednesday June 4, 2014, 1:56 am
“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.”

It IS simple, and reasonable, and it will work. Therefore it will terrify the 1%, though in truth the 1% is not strictly American, it is a global cabal. Even so, this is an idea that should see fruition. Would only that Bernie were a decade younger and running for President. We NEED those ideas coming from the White House into a progressive congress that does not owe its existence to the 1%. Pray that time come soon, or we will be writing about far different activities around this nation and the world. Those stories are already cropping up and that cannot be contained outside our borders - the people of the world will rise up and it won't be just in France this time.

marie C (163)
Wednesday June 4, 2014, 3:38 am
Sounds great

PlsNoMessage se (588)
Wednesday June 4, 2014, 3:47 am
This is great and should have been done decades ago. It is simple to understand but people have for so long been locked into "our daily life struggle" that no one see this can be real. AND IT IS REAL! Again....., simple and straight forward. THIS is how it should be!

Angelika R (143)
Wednesday June 4, 2014, 4:52 am
Sanders NEVER had any bad ideas, period! This Co-Op system is what Michael Dewey has been posting about for a long time, he'll love this post! Thx Betsy

Gloria picchetti (304)
Wednesday June 4, 2014, 4:55 am
It's a good idea but personally it's not my thing. I do not want to own a business.

Millie O'Connor (148)
Wednesday June 4, 2014, 4:58 am
Noted. Thanks, Betsy.

Arielle S (313)
Wednesday June 4, 2014, 6:20 am
Why are so many Congressional folk so dumb and Bernie Sanders so intelligent? Oh... yeah... because they are only concerned with themselves and don't give a hoot for the citizens. Go Bernie Go!

divergent revolution (309)
Wednesday June 4, 2014, 6:30 am
Thanks Betsy, so nice to wake up to a pic of the Brat food co op.
Vermont is so cool, too bad so is the weather

Kit B (276)
Wednesday June 4, 2014, 6:49 am

I do believe that Co-ops are the answer for the future. A few cities are beginning to address food problems by using abandoned lots or parks with trees that bear edible food. Think in new paradigms.

GO - Bernie!

Michela M (3964)
Wednesday June 4, 2014, 6:53 am

Kristen H (25)
Wednesday June 4, 2014, 7:05 am
Interesting: I must admit that I'm sort of a dunce when it comes to economic models, but if this works for some groups of people, I'm all for it! Sounds sort of like a communal type environment, which for me is cool. I like that there are training centers to show people how to do it... one of the most needed things around this area is child care; we have ONE cooperative child care center in the nine counties that my agency monitors and serves; I think it would be VERY beneficial if parents were able to learn how they can start their own co-op for child care as well. That way the parents have every right to hire & fire the workers that teach their children, monitor them, decide policy, pay and tuition. To me that is the way day care should be.

Wolfgang W (235)
Wednesday June 4, 2014, 7:40 am
Praiseworthy initiative, though not new. The headline is irritating as workers are not the middleclass.

Sandi C (98)
Wednesday June 4, 2014, 8:06 am

Pat B (356)
Wednesday June 4, 2014, 9:17 am
The initiative in Vermont sounds really good, Kudos to Bernie, and Leahy! Hope it works like a tumbleweed to other states too.

Mandi T (375)
Wednesday June 4, 2014, 10:32 am

Lady Suki (446)
Wednesday June 4, 2014, 10:54 am
Arielle, I believe that Sanders just sucks the intelligence out of them and puts all the smart in one human body.

LaurenBackSoon Kozen (173)
Wednesday June 4, 2014, 12:55 pm
Noted & Shared. Thanks.

Liliana Garcia (200)
Wednesday June 4, 2014, 2:18 pm
Interesting. For employees to really be able to avert the outsourcing tendency they would have to hold a significant share and not just a nominal one.

. (0)
Wednesday June 4, 2014, 3:50 pm
if it is a good thing the republicans will fight it. people don't remember but it was reagan who first let companies go over seas.

Kathleen Mireault (224)
Wednesday June 4, 2014, 4:35 pm
Noted. Thanks, Betsy!

Diane K (134)
Wednesday June 4, 2014, 5:17 pm

Past Member (0)
Wednesday June 4, 2014, 5:21 pm
Noted! Great Article. Thanks!

Ben B (20)
Wednesday June 4, 2014, 5:55 pm
Good idea, particularly if it means that workers will wholly own the co-op, i.e. that they have a real and substantive stake in the enterprise, not just a token number of shares from which they receive a token dividend return. A similar idea was implemented in South America some thirty or so years ago, although I forget which country (Chile or Brazil?) and was very successful indeed.

Noted with interest and hope, thanks Betsy B for posting.

Debbie Hogan (115)
Wednesday June 4, 2014, 6:59 pm
Went to a couple of co-op stores up in Humboldt County here in Northern California. Loved them.Fresh local food. Brilliant idea. Keep the money within the community it serves and supports.

Steven G (25)
Wednesday June 4, 2014, 9:32 pm
Chris Hedges also [similarly] expounded on this model two years ago. It's an idea whose time has come. We can also fight this corruption imposed on us by these trans-national corporations. Just don't buy their stuff!

Past Member (0)
Thursday June 5, 2014, 2:06 am

mary f (202)
Thursday June 5, 2014, 4:48 am

John Holton (344)
Thursday June 5, 2014, 5:25 am

Don H (45)
Thursday June 5, 2014, 1:58 pm
Bernie Sanders for President!

Way to go, Bernie!

Lois Jordan (63)
Thursday June 5, 2014, 4:51 pm
Noted. Thank you, Betsy. I agree that co-ops are the way to go. Score more points for Bernie Sanders!

Judy C (97)
Thursday June 5, 2014, 7:21 pm
This is a breath of fresh air. What a great idea. Thanks, Betsy!


Freya H (357)
Saturday June 7, 2014, 7:07 am
Dear Bernie Sanders: RUN FOR PRESIDENT! You've already got my vote!

Kay M (46)
Saturday June 7, 2014, 10:50 pm
Good Evening Dear Betsy- Thank you for bring this article and subject matter to our attention- I love Bernie Sanders---he always makes so much sense - He has great ideas, and good legislature- Like with The VA and how to correct the problems and fund the expenses for the new clinics and new doctors and nurses --- BRAVO MR< BERNIE stay on top of them BETSY and keep us informed - Sincerely Kay M.

David C (131)
Monday June 9, 2014, 9:26 am
Bernie Sanders and Co-ops are both great.

Michael M (60)
Sunday June 22, 2014, 12:22 pm
Hmmm, I supose I repeat often in care2 comment:
Barter and trade as mutual gift-giving are the most ancient and meaningful ways of business.

Co-ops are cooperative, although the old co-op here in Humboldt Bay seems to have become since those early days, a trendy, overpriced exotic foods market, giving only lip service and a tiny nod to co-operative sharing. It is , this North Coast Co-op, an excrescence somewhat cancerous-looking from the point of view of an individual seeking the reestablishment of community.

Farmers' markets here were historically outrageously higher priced than some I have visited, even in costly Santa Barbara.

It seems that only the smaller western communities in Oregon, WA, and even over to WY, contain an ethic conducive to the rebirth of mutualism.
I remember the automatic generosity of Native indigenous people and communities whose very generosity promotes generosity in one's own heart. Outsiders no longer live closely with Polynesians, but if you could, you would discover this same Aloha: love, compassion, sharing, this pleasure of our normal, natural way of being.

A good sign in the whole worldwide mess of greed and fear of possible want or lowering of social status, is the strengthening of Indigenous communities in North America against the exploitation and destruction of the land, and down in Centro- and South America, against the exploitation of the seeds of life as well.

Large-scale financially-oriented stratified societies attempt to impugn and derogate the natural way, and even attempt to arouse irrational fears through labeling and calling it a threat. They interpret it in terms of calls to violence developed early in the industrial revolution, under such terms as "communism."
Loving communal societies have existed and now persist.

I do not know if they can exist on large scales, or even truly on any but local. We are not made to function or even comprehend large anonymous communities.

But I give you hints when I can, of the basis for trade: mutual gift-giving, I say, and recognition by North American tribes of givers as close, loved relatives.

interhuman predatory behaviour has no place in the world, no love, no sustainability. It angers us rather than pleases. Once, such behaviour caused a social ostracism for those who exhibited it. Now, it is taught routinely as the way to be.

Once in the Northland those strange creatures who ate us with no other relationship were reviled and feared, and called Windigo. Children were scared with the threat of their kind, when failing to be social, kind, generous.

The Windigo has come. Yet it is not part of the community of any First Nations people. THe Windigo has no tribe of its own, no sharing, no care for others. It is not a thing to be feared any longer, unless it lives in yourself.

This is the first time I have spoken of Windigo here on care2. I suppose I will have to repeat it now , until everyone is sick of it.

Craig Pittman (52)
Tuesday June 24, 2014, 3:14 am
This is wonderful news Betsy. We could use men of Bernie Sanders ilk up here in this country. Thanks for the article.
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