Can Socialism Ever Really Work? w/ Bhaskar Sunkara
Conversations With Coleman
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Cooperatives and Capitalism
This chapter explores the potential of cooperative businesses to replace traditional capitalist firms, particularly through entrepreneurial ventures. The discussion addresses the transition of profitable firms into cooperatives, challenges faced in creating new firms within socialized economies, and the significance of public banking in promoting equity. Furthermore, it examines the balance between innovation and risk-taking in the context of democratic socialism and the essential role of shared ownership in ensuring fair labor market practices.
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