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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.”

Quote by Richard D. Wolff

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Richard D. Wolff
Richard D. Wolff

Richard D. Wolff is an American economist renowned for his application of Marxist economics and analysis of capitalist economic crises. His contributions to the field of economics include labor theory of value, the theory of surplus value, and theories of economic crises. Born on April 1, 1942, Wolff has served as a professor of economics at various universities. more

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