Watch the video at this link. The cool stuff (beginning about 15 minutes into the video) is transcribed below.
JIM HIGHTOWER: Well, you support those that support us. And there are corporations that do that. But you also do something else. And that is devise alternatives. There’s a huge cooperative movement in America that you almost never hear about. There are some 72,000 co-ops operating today. Most of them are consumer co-ops. There are insurance co-ops. There are health care co-ops. There are food co-ops, of course. There are banking co-ops. There are all kinds of cooperatives out across the country. And those entities have 120 million people participating in them. Members.
You never hear about this movement. I’ve worked with a number of them. There’s a great one, Madison Cab Company. Union Cab Company, Madison, Wisconsin. A bunch of cabbies going broke back in the ’70s. Getting treated like Kleenex by the manager. And so, they formed a union. And the owner said, well, hell with that. I’m not dealing with any union. You know, I’ll just sell the thing.
So, they said, well, what the hell. We do the work here. You know, we do the dispatching and the driving and mechanical work. We could run it. So, they created a co-op. And they had a lot of ups and downs. But over the next 30 years, they were able to make it. And it’s the most successful cab company in all of Madison, Wisconsin. They get a high consumer approval rating.
And I learned about this, because I rode a cab to the airport there in Madison once. And the guy turned around, full body, by the way, to look at me in the back. And you know, you’re in a union cab. And I said, well, no, I didn’t. And then he told me the story. But he said, he was one of the original founders. And he had been able to put his two kids through college driving a cab. Because the owners were the workers themselves. And doing a great service to the public.
Nearly 31 years in business (nine of which I’ve been a part), Union Cab is still thriving. And unlike many of the Fortune 500, we haven’t had to steal taxpayer dollars to stay in business. Which reminds me: have you seen this yet?