In Italy, when a business is failing, its workers have the right to buy out all – or part – of it with financial support and specialist advice. This is known as Marcora Law.
Members are invited to take part in this zoom meeting as we discuss Co-operative Party plans to campaign for a British Marcora-style law as we think that workers know their businesses best and the biggest stake in its success. Giving workers the initial capital to buy out and rebuild a business would protect jobs, build the economy, provide a great return on investment for the government and creat hundreds of worker owned businesses.
Speakers include Christina Rees MP, Camillo De Berardinis – the Amministratore Delegato at the Cooperazione Finanza Impresa in Italy, Derek Walker – Wales Co-op Centre and Mathew Lawrence – CommonWealth.
This facilitated event will be live captioned for greater accessibility.