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Yet workers in most modern capitalist corporations are required by law and/or custom to accept working conditions over which they exercise no democratic control. If they refuse, they can be fired—and the primary option available to them is to work for another employer under similarly undemocratic c…

A WSDE-based economic system could thus address the ancient problems of the division of labor and specialization of function. Adam Smith’s pin factory has often been interpreted as a rationalization for ever-more-narrow specialization of jobs, training, and mentalities as necessary for maximizing s…

We are now ready to tackle a particularly thorny issue in the analysis of an economic system based on WSDEs. This concerns the division of the employees of every WSDE into two groups with different relationships to the production and distribution of the surplus. The first group comprises the worker…

[...] 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.

[...] 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…