Economic Update: Socialism And Worker Co-ops [Video presentation]
[ https://popularresistance.org/economic- ... er-co-ops/ ]
By Richard Wolff, Democracy at Work July 23, 2019
A changed socialism has emerged in the 21st century, focusing on a transition of workplaces from top-down hierarchical capitalist structures into democratic worker cooperatives.
20th century socialism is now behind us. Socialists continued to evaluate both its achievements and failures via extensive self-criticism. A changed socialism has emerged, focused on a transition of workplaces from top-down hierarchical capitalist structures into democratic worker cooperatives. The powerful appeal of worker co-ops as grounding a new 21st century socialism is presented by Professor Wolff in this latest episode of Economic Update. (29 mins.)