Can municipal socialism be Labour’s defence against ongoing austerity?

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planted: 24/07/2021last tended: 27/11/2021
URL
https://www.mutualinterest.coop/2020/03/can-municipal-socialism-be-labours-defence-against-ongoing-austerity

Key to these models is the belief that community and worker, not state, ownership is the key to building a better economy.

the focus is the growth of the co-operative economy as a way to fight off the worst effects of austerity by helping improve the economy and increased local engagement through democratisation of the economy.

A more exclusive focus on building the co-operative is being started in Greater Manchester where Metro Mayor Andy Burnham has launched the Greater Manchester co-operative agency.

in Emilia Romagna in Italy co-operative enterprises generate close to 40% of GDP.

Emilia Romagna is helped by a much better legal framework for the establishment and development of co-operatives. The Marcora Law gives workers the right to buy and convert a company should it plan to close, and has been credited to have saved around 14,500 jobs in the country.

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