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“Socialists have advocated numerous ways of democratizing the economy, from setting up worker cooperatives to nationalizing major industries... At the core of economic democracy is the notion that control should not be vested in a small group of people, but in the people who do the labor. Managers and owners shouldn't decide what the workers have to do, the workers should decide what managers have to do (or if they need managers at all). And they should own the workplaces themselves.” — Nathan J. Robinson
Socialists have advocated numerous ways of democratizing the economy, from setting up worker cooperatives to nationalizing major industries... At the core of economic democracy is the notion that control should not be vested in a small group of people, but in the people who do the labor. Managers and owners shouldn't decide what the workers have to do, the workers should decide what managers have to do (or if they need managers at all). And they should own the workplaces themselves.