An article that analyses how far Argentina’s worker-recovered companies have become sustainable production models whilst maintaining their values of equity and workers’ self-management.
We analyse how far Argentina’s worker-recovered companies (WRCs) have sustained themselves and their principles of equity and workers’ self-management since becoming widespread following the country’s 2001–2 economic crisis. We find that the number of WRCs has increased in Argentina, and that they represent a viable production model. Further, they have generally maintained their central principles and even flourished. This occurred despite the global economic crisis, legal and financial pressures to adopt capitalist practices and management structures, the risk of market absorption and state attempts to coopt, demobilise and depoliticise the movement.
Imagine that the algorithmic heart of the "Sharing Economy" could be cloned and brought back to life under a different model of ownership and work conditions, as a humane alternative to the market.
Human alienation will disappear through the withering away of commodity production and social division of labour, through the disappearance of private ownership of the means of production.
At the 'Journalists’ Newspaper', set up after 'Eleftherotypia' went bankrupt, all 150 media workers are paid the same, the editor works for free and circulation is soaring.