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Worker-owners of Metal Varela, Buenos Aires. Photocredit: Paula Surraco and The Working World/La Base.
Into the Breach
When corporate capitalism fails to deliver, what can? Argentina offers a dramatic test case that bears comparison with the transitions that are happening in Canada and other parts of the world.
During Argentina's economic crisis in 2001, many industries closed their doors. Employees found themselves locked out, without social security or unemployment insurance, sometimes after years of being paid in IOUs. What to do but … go back to work anyway? Hundreds of people returned to abandoned plants, occupied them, refurbished and then re-opened them, often as worker-co-operatives.
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