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Scoop.it!
In one Argentinian factory, workers refused to succumb to forces of failing economy, took matters in own hands. 
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Scoop.it!
The Greek economy would be better off outside the euro, say some, but devaluation may only work in countries with thriving trading partners
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When the Argentinian economy collapsed, lots of workers didn't believe that the things they made were no longer needed.
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When Argentina's economy collapsed in 2001, workers took control of the Zanon ceramics factory in Neuquén. Andrés Blanco talks with AJ+ on how the workers' organization process saved his job and a community.
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If you want to fully understand the game at play in the bankruptcies and privatization of public assets in Detroit, Argentina, and Europe, play Monopoly.
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(Garín district, Buenos Aires, 12/8/14). Trade union delegate Jorge Medina said: “after closing its plant in the Garín district of Buenos Aires Province, Argentina, in a totally illegal fashion, leaving more than 400 families on the street, and that the Ministry of Labour confirmed that the company is breaching the ruling of the court that ordered both sides to have (compulsory) arbitration to resolve the labour dispute, the shop stewards’ committee and workers at R.R. Donnelley have resolved in an assembly to occupy the factory and begin production, in order to defend the 400 jobs. The workers denounce this closure as illegal and we are not going to be intimidated. We demand the immediate re-opening of the plant under the same working conditions, number of workers and salaries. If the company alleges that it is in bankruptcy we will begin production.
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Argentina has now taken the US to The Hague for blocking the country’s 2005 settlement with the bulk of its creditors. The issue underscores the need for an international mechanism for nations to go bankrupt. Better yet would be a sustainable global monetary scheme that avoids the need for sovereign bankruptcy.
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Governor Bacileff Ivanoff of Chaco province Argentina ordered the brutal repression yesterday of a peaceful, multisector protest demanding higher wages, healthcare, water, education, housing and jobs. Now protesters are also calling for his resignation.
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
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