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Cure for Capitalism?

Can we link the decline in our democratic institutions to the nature of the workplaces that occupy so much of our time? Is there reason to believe that we can transition to an alternative economic system while our current economy crashes? Can we learn from the collapse of feudalism and the formation of capitalism to prepare for the next economic system?

In Extraenvironmentalist #61 we talk about historical economic transitions with professor, economist and author Rick Wolff and his recent book Democracy at Work: A Cure for Capitalism. Professor Wolff describes how our future economic system will likely build from alternative arrangements of workplaces through worker self-directed enterprises and cooperative businesses. We ask why changing the way our workplaces operate would change our economic system and how policy ideas from other countries could serve as a framework.

What do you think? Leave a comment below.

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