The capitalist workplace is one of the most profoundly undemocratic institutions on the face of the Earth. Workers have no say over decisions affecting them. If workers sat on the board of directors of democratically operated self-managed enterprises, they wouldn't vote for the wildly unequal distribution of profits to benefit a few and for cutbacks for the many.
Richard D. WolffThe more successful capitalists are in cutting their wage costs, the less money workers will have to buy back what those same capitalists produce. It's a contradiction.
Richard D. WolffMoving to a cooperatively organized enterprise is one of the best ways to really do something about unequal distribution of wealth.
Richard D. WolffThe word "collective" is not so often used because it has been basically used by socialists and communists and has a different history. The word "cooperative" means the workplace itself is organized cooperatively, rather than in the conventional capitalistic, hierarchical form.
Richard D. Wolff