A recovered factory (fábrica recuperada) is a company in which its workers have taken over control, commonly after mass redundancy or intentional bankruptcy by the managment.
In the wake of the 2001 economic crisis, some 200 Argentinian factories were recovered by their workers and turned into co-operatives. Prominent examples include the Brukman factory and FaSinPat (formerly known as Zanon). As of 2005, about 15,000 Argentinian workers run recovered factories [1]. See Economy of Argentina. ... A cooperative (also co-operative or co-op) is an association of persons who join together to carry on an economic activity of mutual benefit, in an egalitarian fashion. ... This article needs to be cleaned up to conform to a higher standard of quality. ...
Many recovered factories are run co-operatively and all workers receive the same wage. Important management decisions are taken democratically by an assembly of all workers, rather than by professional managers. A wage is the amount of money paid for some specified quantity of labour. ...
The movement came to wider prominence in The Take, a 2004 documentary by Naomi Klein and Avi Lewis. The Take is a documentary released in 2004 by Naomi Klein and Avi Lewis. ... Naomi Klein Naomi Klein (born 1970) is a Canadian journalist, author and activist. ... Avi Lewis is a Canadian television journalist and documentary filmmaker. ...
A recoveredfactory (in Spanish, fábrica recuperada) is a company in which its workers have taken over control, commonly after intentional bankruptcy by the management.
Commonly attested ones are recuperated factory, reclaimed factory, and worker-run factory.
Many recoveredfactories are run co-operatively and all workers receive the same wage.