New Worker Co-ops Lead to Economic Prosperity

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.