NCB, Laboral Kutxa and Key Economic
Experts Participate in Thought-Provoking Discussion
Earlier this month, National Cooperative Bank
hosted a New Economy Roundtable Discussion at the Credit Union House in
Washington, DC. The discussion focused on lessons learned from Spain’s
successful Mondragon worker cooperative, on the benefits of the cooperative
model and approach when finding economic solutions. The roundtable was held
partly in recognition of Mondragon’s Bank Laboral Kutxa’s new agreement with
NCB, highlighting how organizations working together can lead to greater success.
Participants addressed such important questions as how to broaden ownership in
the US so workers can be part of the long-term strategy; how to replicate the
work model with shorter development cycles; and ways to provide technical
assistance and education to workers starting companies.
The roundtable brought together such great minds
as: American Worker Project’s Karla Waters; Tom Croft of Heartland Capital
Strategies; Tom Conway- United Steelworkers International; John Cavanagh,
Institute for Policy Studies; Liz Bailey, Cooperative Development Foundation;
Zach Bernstein of American Sustainable Business Council; Ed Crego of CONSULT,
Ltd.; Shelia Smith of The Barat Foundation; Paul Mica and Dan Mica of DMA
Group; and NCB CEO Charles Snyder and colleague Barry Silver; as well as a
delegation from Mondragon and Laboral Kutxa including Fernando De Landa,
Michael Peck and Pio Aguirre A. De Arcaya, Oscar Mugerza Telleria, Josu Arraiza
Mtz. De Lagran and Txomin Garcia Hernandez, respectively.