While we’re on the topic of democratic socialism, why not expand the definition—from improving the way the wealth of the nation is shared (e.g., by raising taxes on the one percent and strengthening the safety net) to exploring new ways of democratizing the enterprises where that wealth is actually produced (e.g., by promoting worker-cooperatives)?
The New Era Windows and Doors Cooperative in Chicago is one such example….Remember that Chicago window company that went bankrupt and the employees took it over?
Occasional Links & Commentary
New era of democratic socialism
David F. Ruccio | Professor of Economics, University of Notre Dame
