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    Economist talks labor and capitalism at QC

    In the 1950s, Jose Maria Arizmendiarrieta, a Catholic priest living in Mondragon, Spain, felt frustrated traditional businesses did not come to provide jobs for workers. In response, he recruited five workers to create a worker cooperative, or a business run only by workers. Sixty years later, the business, now called the Mondragon Corporation, employs over 70,000 employers and includes over 250 companies. It makes millions of dollars each year—and is still led by workers. This story was shared by Richard Wolff, an economist, who spoke about capitalism and alternatives to it at Kiely Hall 264 on March 21. “The problem in this society is that we don’t have an economic…