Co-Determination, the Real Solution to America’s Worker Power Problem

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https://en.wikipedia.org/wiki/Co-determination

I'm surprised that I haven't heard about this in all of the union discussion I see across Reddit. Whenever I hear "America needs to bring unions back", it always feels like a band-aid on a festering wound to me, and so I posit this real solution that already works wonders in many countries, especially Germany.

It's called Co-determination, and it means half of the board of directors for a large company is made up of workers. Workers get half the say in how the company completes its mission, and perhaps most critically, if the company breaks the law, the workers have real authority to ensure the lawbreakers actually get prosecuted by the legal system. In turn, this is why the companies listen to the workers, creating a healthy cycle where leadership remains clean and workers get the benefits/compensation they desire, all while healthy profits are still made.

This is what needs to be on the tongue of every American worker. Co-determination is the solution to corporate corruption, workers' rights, possible union corruption, and a good swathe of our myriad other problems. We settle for less and let the Right determine where we start our bargaining, but it really should start and end here, at the only real and sensible solution to America's runaway Capitalism.

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Opportunity to get real estate flipping onto Dem agendas?

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I just read a 2012 Yahoo news article about Warren's house-flipping in the 90s (below) and I wonder if questions about that form an opportunity to get the Dems talking about the incredible damage done to communities across America from house flipping, renovictions, lack of rent control – the general fact that profits from buying and selling of real estate are directly linked to homelessness, housing insecurity, inequality, and general poor quality of life for working people. If Warren is made to speak to these choices, other Dems might be forced to weigh in on developers, their influence on policy, etc etc. I'd love to see some tangible promises around housing added to all Dem platforms.

"Elizabeth Warren, who has railed against predatory banks and heartless foreclosures, took part in about a dozen Oklahoma real estate deals that netted her and her family hefty profits through maneuvers such as “flipping” properties, records show.

A Herald review has found that the Democratic U.S. Senate candidate rapidly bought and sold homes herself, loaned money at high interest rates to relatives and purchased foreclosed properties at bargain prices.

Land records from Warren’s native Oklahoma City show the Harvard professor was active in the often topsy-turvy real estate market in the 1990s, including:

• Purchasing a foreclosed home at 2725 West Wilshire Boulevard from the U.S. Department of Housing and Urban Development for $ 61,000 in June 1993, then selling it in December 1994 for $ 95,000 — a 56 percent mark-up in just 18 months.

• Buying a house at 200 NW 16th St. for $ 30,000 in August 1993, then flipping it for $ 145,000 — a 383 percent gain after just five months.

• Lending one of her brothers money at 9.5 percent interest to buy a home at 1425 Classen Drive for $ 35,000 in August 2000. He sold the place three months later for $ 38,500 — a 10 percent gain in 75 days.

• Providing her brother with financing to buy a $ 25,000 house at 4301 NW 16th St. in 1994. He sold the property four years later for $ 42,000, a 68 percent increase.

• Giving her sister-in-law a mortgage in 1996 to buy a $ 31,000 home at 2621 NW 13th St. Three years later, the sister-in-law sold the place for $ 45,000 — a 45 percent boost in three years."

https://www.yahoo.com/news/harsh-foreclosure-critic-elizabeth-warren-reportedly-made-fortune-050708111.html

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