Democratize the Ownership of Capital

Your honorable mention of the "community-wealth building" project in Cleveland was touching, but not nearly adequate. How can any "Marxist economist" advocate for workplace democracy with no mention of also democratizing the "circuit of capital"? According to Marx, any organism must generate a surplus in order to reproduce, and Mondragon has done so for the past 60 years to create new jobs in democratic enterprise, most recently in Cleveland. They mobilize production to generate a surplus to mobilize production to generate a surplus, thus reproducing a more democratic economy. Not true of most worker coops in the United States. What are you doing to change that, Richard Wolff, aside from soliciting donations for your speaking engagements?

Showing 1 reaction

How would you tag this suggestion?
Please check your e-mail for a link to activate your account.
  • published this page in Ask Prof. Wolff 2016-08-09 11:59:12 -0400


get updates