In a recent interview about the groundswell of popularity for Bernie Sanders, Richard Wolff, author of “Democracy at Work, a Cure for Capitalism,” opined that we are seeing a new form of socialism that doesn’t give the power to the government, but rather focuses on “changing the way we organize enterprises, so they stop being top-down, hierarchical, where the board of directors makes all the decisions, and we move to this idea which is now catching on: cooperation, workers owning and operating collectively and democratically their economy and their enterprise.”
Instead of looking at this as a new kind of socialism, I like to think of it as a new kind of capitalism—democratic capitalism, where workers are actually free. [Read more…]









