Forum Post: Conglomerate and Democracy at Work

A characteristic of Phase 3 Consumed Subsidiaries, this ties right into DG&RC, specifically the RC (Responsible Capitalism) side.

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http://rdwolff.com/content/democracy-work-cure-capitalism

Just look at these two Reviews of Democracy at Work: A Cure for Capitalism

"Richard Wolff is the leading socialist economist in the country. This book is required reading for anyone concerned about a fundamental transformation of the ailing capitalist economy!"

–– Cornel West

"Ideas of economic democracy are very much in the air, as they should be, with increasing urgency in the midst of today's serious crises. Richard Wolff's constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward. A very valuable contribution in troubled times."

–– Noam Chomsky

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I first heard of "Democracy at Work" in a talk given by Richard Wolff which was recorded and distributed by Alternative Radio (they have an hour/week podcast and some radio stations play weekly shows). It was just about a minute long near the end but it really stuck with me. I was surprised to recently find he wrote a whole book about it!

It's so easy to explain, understand and justify (from what I heard on the show):

• employees meet each Friday (all day or whatever) to democratically make decisions for the business

• employees decide what/where/how/when to produce/perform their products/services

• employees decide what should be done with the profits

Why?

• employees will not pay someone a shipload to be at the top while paying themselves just enough to survive on

• employees will not move their jobs overseas

• employees care about each other, their communities and land

Back to Topic References: http://www.occupywallst.org/forum/conglomerate-and-dgrc-topic-references/