The 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. WolffIn America, we debate everything except capitalism. If there's an institution in your society that's above criticism, you're giving it a free pass to indulge all of its weaknesses and darker tendencies.
Richard D. WolffNothing would more quickly and definitively reduce U.S. income inequality than allowing every worker in all businesses to participate in deciding the range of incomes from one worker to another. They would never do what is now a matter of normality: give one person millions, in some cases billions, while others have barely enough to make a living.
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. WolffThe 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. Wolff