Can capital be used as a tool to create a new, worker-controlled economy?

I work for an impact investing firm, and we recently interviewed one of our investors who says that he is interested in "investing for a systemic alternative to capitalism." We profiled him on the Huffington Post here - he is familiar with your work. His point was that by investing in worker co-ops, where the capitalist (himself) receives dividends but no voting rights - capital can be utilized as a "tool" instead of a "master." I wonder if you see such strategies as useful, ineffectual, a distraction from more revolutionary methods, or actually harmful. Thank you for all the work you do!

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  • Christian Chiakulas
    tagged this with upvote 2017-11-08 11:46:16 -0500
  • Christian Chiakulas
    published this page in Ask Prof. Wolff 2017-11-08 11:45:56 -0500