Thursday, March 22, 2007

worker ownership

good editorial in the Hankyoreh recently on some worker owned companies in the South. This is timely news as some Korean social movement groups are getting ready to ramp up their 'public character' (kong kong song?) or anti-privatization campaign. I think one could certainly argue that the companies discussed below are certainly examples of flexible services that benefit the public and also worth supporting... link

the author also ends the story with a slight quip at critics that is noteworthy as well:

It is only a thoroughly Anglo-American style of shareholder capitalism to claim that companies such as these are experiments that have already failed, and to worry primarily about the personal profit of corporate owners. Capitalism continues to make people in Korean society increasingly twisted, so labor-based management models are surely worth trying as a potential alternative.

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