Monday, October 17, 2016
Richard Wolff on alternatives to capitalism
In this video he suggests that overall, economic democracy is needed in organizing companies along worker-owned and managed cooperative models. Further, said cooperative businesses must organize into a political party with candidates for office so as to implement laws conducive to such organizational structure, since both the Democratic and Republican Parties are bought and paid for by capitalists. He provides as an example the British Labor Party and one of their legislative proposals supporting cooperatives.