Thom Hartmann: Here's a Capitalist Who Doesn't Understand Capitalism

[thomhartmann]

The Big Picture with Thom Hartmann on RT TV & FSTV "live" 9pm and 11pm check www.thomhartmann.com/tv for local listings

[JEFF9K]

1. Excellent clip.

That's the first I have heard of Mondragon. Thanks for bringing it to our attention.

[Half-Century Man]

2. Really? Check Mondragon's cooprative system.

It is diverse as hell, and working well.

[Fantastic Anarchist]

4. Based roughly on, anarchist Pierre-Joseph Proudhon's, Mutualism ...

Upon his observations of the Mutualistes in Lyon and the Paris Commune, he developed Mutualism.

To be fair, American anarchist, Josiah Warren developed his similar theory (in practice) completely separately from Proudhon (his European contemporary).

[Fantastic Anarchist]

3. Capitalists suck money out of the economy which decreases demand.

Labor is demand, and Labor is the driving force in the economy as Thom states quite well. If Labor is not making its fair share, then the economy doesn't do well. If Labor makes its fair share, either by competitive wages, or by progressive taxation, then the economy does well. Again, Labor drives the economy. Labor is demand.

As to the cooperatives, it's long past time that we have democracy in the workplace.

Thank you for posting, thomhartmann!!