How Successful Cooperative Economic Models Can Work Wonderfully… Somewhere Else

How Successful Cooperative Economic Models Can Work Wonderfully… Somewhere Else

Capitalism rests on a foundation of myths. One of them is that capitalism somehow “invented” entrepreneurship. Another is that capitalism provides the only “market” economy. Then there is the self-proclaimed virtue of capitalism that only capitalism is compatible with “self-reliance” and individual responsibility. (The reality of course is that most people are utterly dependent on capitalists for jobs, financing, education, transportation, health care, shelter and just about everything else.) Capitalism also presents itself as the model of “efficiency,” when in truth it generates enormous waste of all kinds.

Finally, the biggest whopper of all is that There Is No Alternative. All of this is nonsense. The economy of the Emilia Romagna region of Italy and its largest city, Bologna, is living proof.