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7 years, 10 months ago

patents in a WSDE

[...] the WSDE-based system would not need a patent system (nor suffer its constraint on other people’s use of new inventions), since it could provide alternative incentives for innovation just as it established alternative sources of needed funding.

—p.127 Democracy at Work: A Cure for Capitalism How WSDEs Work Internally (123) by Richard D. Wolff
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7 years, 10 months ago

management in a WSDE

[...] the board of a WSDE would likely see the need to secure certain management functions. It might, like its capitalist counterparts, hire professional managers. On the other hand, it might prefer instead, for many reasons, to substitute a rotational system whereby all surplus-producing workers a…

—p.125 How WSDEs Work Internally (123) by Richard D. Wolff
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7 years, 10 months ago

internalize the system’s rules and imperatives

Indeed, some capitalists come to internalize the system’s rules and imperatives. They define themselves and mold their personalities in conformity with the behaviors imposed on them as capitalists. So it may seem and be said—even by capitalists themselves—that they are greedy or have other characte…

—p.92 The Major Problems of Private Capitalisms (87) by Richard D. Wolff
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7 years, 10 months ago

the system is the problem

“Criminals” are another rogue actor blamed for capitalism’s cycles. The mass media and appropriate authorities routinely denounce those illegally gaming the system: the underpaid secretary who embezzles, the insider trader who makes illegal profits, the syndicates that run whole industries or citie…

—p.50 Capitalism and Crises (19) by Richard D. Wolff
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7 years, 10 months ago

workers would become their own collective bosses

Such a reorganization of workplaces, coupled with the institutionalization of democratic codetermination, would effectively end capitalism. It would mark yet another milestone in human history, following the earlier transitions out of slavery and feudalism as organizations of production. The disapp…

—p.13 Introduction (1) by Richard D. Wolff