How can we avoid the pitfalls of past experiments in "industrial socialism"?

I was listening to a NPR Planet Money podcast all about the Oneida Commune in upstate New York. During the program, the NPR reporters comment on the Oneida Commune representing "responsible" or "conscious" capitalism. I believe the Oneida Commune's experience is a very telling one about the pitfalls of "communal / cooperative" capitalism. Given your understanding of the cultural / historical / political contexts Oneida found itself in over the course of its 150+ year run, what should the take away be for those of us interested in developing and enhancing communal / cooperative relations in the enterprise? What do you think we can learn from the Oneida Company's communal / cooperative experience (and others in this country, I'm sure)? What is the proper perspective to take on the demoralizing, dispiriting downfall that beset the Oneida Company? Thank you in advance for your time and attention to this post...

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  • Brett T Goldstein
    published this page in Ask Prof. Wolff 2017-06-12 12:12:08 -0400