Economic Update: Socialism And Worker Co-ops

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Above Photo: From Roarmag.org

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.

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  • Matthew Borenstein

    Socialists should be organizing around already existing public property = in NYC, public housing (NYCHA), the MTA, CUNY, the public schools, the Health & Hospital Corp – all of us already own these vast public properties. Now we have to decisively demand that all their

    governing boards be directly elected by the public, by us, the owners of all public property.