Able Quote by Richard D. Wolff
“A cooperative enterprise is the key alternative to a traditional capitalist enterprise. All the workers, whatever they do inside an enterprise, have to be able to participate in collectively arriving at the decisions about what, how, where to produce, and what to do with the profits in a democratic way. One person, one vote should decide how these things are done.”
About This Quote
Source Book: Democracy at Work: A Cure for Capitalism, Richard D. Wolff, 2015
Workers should share decision‑making power and profit distribution through democratic processes, replacing hierarchical ownership.
In simple terms: Workers decide and share profits democratically.
Key Takeaway
Promote worker co‑ops and democratic governance.
Themes
co‑ops
democracy
economics
labor
ownership
Mood
hopeful
determined
critical
Type
political
economic
inspirational
When to use this quote
- starting a worker‑owned business
- community budgeting
- employee stock ownership plans
- co‑operative housing
- policy advocacy
Key Concepts
participatory economics
collective ownership
profit sharing
Questions to Reflect On
- How can existing laws be reformed to support co‑ops?
- What incentives encourage workers to adopt democratic structures?
A Different Perspective
Implementation can be hampered by existing legal frameworks and capital access.
