Saturday, July 7, 2018

If Apple were a worker cooperative

And this is coming from Forbes magazine! The Commons movement is having some impact on the heart of capitalism.

"Apple has 98,000 employees and earned $39.5 billion after tax over the past year. If Apple was a worker cooperative, then each employee would’ve received a $403,000 dividend on top of their salaries. Even the lowest paid worker would’ve earned at least $403,000 in Apple as worker cooperative. The first thing naysayers and disbelievers will say is 'but, Apple isn’t a worker cooperative.' Mondragon is a worker cooperative that has about 74,000 employees and earned $12.6 billion in revenue. Mondragon is smaller than Apple, but it’s at a scale that demonstrates that we can do better as employees."

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