Democracy At Work | Silicon Valley Tech Start-Ups Didn't Know They Did Socialism - Economic Update with Richard Wolff @democracyatwrk | Uploaded May 2023 | Updated October 2024, 11 hours ago.
Prof Wolff explains why tech startups often embody some of the positive aspects of worker cooperatives.

"The innovation credited to capitalism is misunderstood. It often comes precisely from people who have walked away from capitalism to create a worker co-op, even if they don't know the phrase worker co-op to describe what they have done. A new socialism connected to and embracing worker co-ops as the transition from capitalism to a better system is a socialism that you're going to be hearing more and more about in the months and years to come." - Richard Wolff

This is a clip from Economic Update: Socialism & Worker Co-Ops
[S09 E28]

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