Argentina's  fábricas recuperadas  movement, which emerged in response to Argentine's 2001 economic crisis, is the current most significant workers' self-management phenomenon in the world. Workers took over control of the factories in whi
       
     
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 Argentina's  fábricas recuperadas  movement, which emerged in response to Argentine's 2001 economic crisis, is the current most significant workers' self-management phenomenon in the world. Workers took over control of the factories in whi
       
     

Argentina's fábricas recuperadas movement, which emerged in response to Argentine's 2001 economic crisis, is the current most significant workers' self-management phenomenon in the world. Workers took over control of the factories in which they had worked, commonly after bankruptcy, or after a factory occupation to circumvent a lockout.

 

The movement emerged as a response to Argentine's 2001 economic crisis, and about 200 Argentine companies were "recovered" by their workers and turned into co-operatives. Prominent examples include the Brukman factory, the Hotel Bauen and FaSinPat (formerly known as Zanon). As of 2008, thousands Argentine workers run recovered factories.

 

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.

The proliferation of these "recoveries" has led to the formation of a recovered factory movement, which has ties to a diverse political network.Some labor unions, unemployed protestors (known as piqueteros), traditional worker cooperatives and a range of political groups have also provided support for these take-overs.

The movement led in 2011 to a new bankruptcy law that facilitates take over by the workers.

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