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From corporate globalization to global co-operation : we owe it to our grandchildren / J. Tom Webb.

by Webb, Tom, 1946-

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Fernwood, [2016]

Cooperative societies.

Social entrepreneurship.

9781552668726 (pbk.)

186 pages : illustrations, map ; 23 cm

Includes bibliographical references (pages 165-180) and index.

Preface: Searching for a better world -- A world ominous uncertainty -- Dangerous myths of neoclassical economics -- Wealth driven business models and their alternatives -- A source of hope -- Envisioning a co-operative economy -- Co-operative renewal and reform -- Co-operative-friendly public policy -- Dreaming of a better world.

"The need for and possibility of an alternative to capitalism. The first three chapters are a critical analysis of capitalism, neoclassical economics and the for profit business model to establish the context for globalization. Too many excellent critiques of capitalist economies end with a call for some type of intervention by government as the only corrective. In our quasi democracies this seems highly unlikely. The one percent who own almost 50% of the world's wealth can control the outcome of most elections leaving us with Margaret Thatcher's 'there is no alternative' if we rely on governments. There is an alternative - a massive shift to social enterprise, primarily co-operatives. Co-operation is far more deeply embedded in the human spirit than competition. Co-operation is the most powerful driver of evolution. More than 250 million people around the world work for co-operatives; they have a billion members and they impact the lives of 3 billion people. This is an organizational model that works. It can be scaled up. The book looks at how co-operatives, if they remain true to their principles and are not muddled by having to survive in a dominant capitalist economy, help reduce almost every negative impact of capitalism. How co-operatives need to significantly improve their adherence to their own identity if they are to become even more attractive and make the maximum contribution to create a better world. Public policy changes that would nurture a transition. The conclusion is neither wildly optimistic not unduly pessimistic. A better world is possible but it is not inevitable."--Provided by publisher.

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