The newest incarnation of worker cooperatives are worker self-directed enterprises (WSDE). WSDEs combine aspects of capitalism and socialism, resulting in an improved version of a centuries-old idea. Not only do the workers decide together when and how much to produce, but they themselves choose, via a democratic process, how to use the enterprise's net revenue. Suddenly, government agencies dependent upon enterprise tax payments become dependent not upon the CEOs, but on the workers themselves.
Pope Francis is doing quite a bit of traveling in the Americas during the next few months, and he'll be speaking on a variety of topics along the way. His popularity among both Catholics and non-Catholics in the U.S. is quite high, so the ideas he lays out tend to receive a good bit of coverage. Whatever your faith, it's interesting to consider the ideas the pope has been busy presenting these last few years, particularly his ideas on the topic of work and workers. He'll likely add to these discussions in the months to come. Let's take a closer look.
The devil is in the details. Many workers arrive at work ready to do a good job in return for compensation, plus their employer's attention to their health and safety on the job. How a state frames worker's compensation laws, however, may leave injured workers without benefits.