Economic Update: Worker Co-Ops, Socialism’s Future

Partner Content Provided By:Economic Update with Richard Wolff
October 16, 2019

In the first half of Economic Update this week, Professor Wolff discusses how and why socialism changed from what it meant in the 19th and 20th centuries. During the second half of this week's episode, Prof. Wolff leads us on an exploration of why 21st century socialism aims to democratize capitalist workplaces, replacing their top-down undemocratic organization with worker cooperatives.

In the first half of Economic Update this week, Professor Wolff discusses how and why socialism changed from what it meant in the 19th and 20th centuries. During the second half of this week's episode, Prof. Wolff leads us on an exploration of why 21st century socialism aims to democratize capitalist workplaces, replacing their top-down undemocratic organization with worker cooperatives.


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