Tuesday, June 25, 2019

The new left economics

This article highlights exactly what Sanders is talking about doing: Economic democracy. Seems he is the only Dem candidate doing so.

"The new leftwing economics wants to see the redistribution of economic power, so that it is held by everyone – just as political power is held by everyone in a healthy democracy. This redistribution of power could involve employees taking ownership of part of every company; or local politicians reshaping their city’s economy to favour local, ethical businesses over large corporations; or national politicians making co-operatives a capitalist norm. […] Making the economy more democratic will actually help to revitalise democracy: voters are less likely to feel angry, or apathetic, if they are included in economic decisions that fundamentally affect their lives."


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