We've been following many forms of democratized ownership, starting with co-ops, land banks at the neighborhood level, municipal ownership and state ownership of banks - there's a whole series of these that attempt to fill the small-scale infrastructure that can build up to a larger theoretical vision.

For 40 years, my argument has been that democratizing ownership of wealth has been the key to egalitarian society and the goals of egalitarian society. But you start at the local level, both at the workplace, community and other institutions and you reconstruct the egalitarian democratized structure as well as participatory structure. And as this happens, we learn more how to move toward the vision that is much larger than just the community level.

In America, we need to go forward in nationalizing several large corporations: I think that's possible; we nationalized General Motors; we nationalized several of the big banks, de facto; we nationalized Chrysler; we nationalized AIG. I think there will be more crises, and at some point, rather than being bailed out by the government, the public may keep the corporations it has to rescue.

Worker ownership is only one form of democratizing ownership.

We've been following many forms of democratized ownership, starting with co-ops, land banks at the neighborhood level, municipal ownership and state ownership of banks - there's a whole series of these that attempt to fill the small-scale infrastructure that can build up to a larger theoretical vision.

Finding ways to organize work in which people are not locked into unequal power relationships is very important. Having said that, it's not easily done, and it's complicated.

Internationally, there are countries going well beyond the course, with airlines, transportation. There are systems around the world that have explored mining, rail transport, television, communication, Internet service - there very common examples around the world that we can draw examples from.