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Cheese Sandwich

(9,086 posts)
3. This one has a lot in it.
Wed Apr 27, 2016, 10:03 PM
Apr 2016

If you've seen his other stuff it's similar but there were also some things I haven't heard before.

He defines capitalism and socialism in terms of who directs the surplus value created in the labor process. Says socialism is making a major comeback in the US after decades of repression. Sees Occupy Wall Street as helping open this conversation. Sees Bernie Sanders as another phase of this opening. Talks about why it's important to study critics of capitalism, not just defenders of capitalism. Talks about what we can learn from the successes and failures of historic attempts at socialism like the USSR. Particularly 20th century socialism was focused on government ownership of enterprises. Presents 21st century socialism as based on worker self directed enterprises, or worker coops. Says this is actually more consistent with the original ideas of socialism including from Karl Marx for example. Gives examples of cooperatives like Mondragon and a few others. Says government should play a role in helping to create a strong cooperative sector in the economy, just like government plays a central role in creating and protecting the private capitalist sector. Says labor unions can help by using political power to pressure governments for that and can take ownership. Talks about Jeremy Corbyn and Labour Party's new plans for encouraging democratic cooperatives in the UK.

That's what I can recall but probably missing a lot too LOL.

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