Self-Managed Capitalism: Criticism of Richard Wolff and Workers Cooperatives

ImageDiscussing the economic crisis, austerity, and his advocacy of worker cooperatives, Richard Wolff has been getting a boost of attention with recent appearances on Democracy Now!, NPR and with Bill Moyer. But does Wolff represent an anti-capitalist perspective that those who believe in revolutionary social change can get excited about? My take is that while his views represents an important shift in public discourse there are some major weaknesses and in what he presents and which I hope to explore briefly. Continue reading