Path: utzoo!utgpu!jarvis.csri.toronto.edu!mailrus!uunet!aplcen!uakari.primate.wisc.edu!brutus.cs.uiuc.edu!psuvax1!psuvm!auvm!UA1VM!JWALES3 From: JWALES3@UA1VM.BITNET (Jimbo) Newsgroups: bit.listserv.politics Subject: Re: Worker-owner corporations Message-ID: <90043.2241.JWALES3@UA1VM> Date: 12 Feb 90 22:41:14 GMT Sender: Forum for the Discussion of Politics Reply-To: Forum for the Discussion of Politics Lines: 15 Approved: NETNEWS@AUVM Gateway In-Reply-To: Message of Sun, 11 Feb 90 08:45:13 EST from On Sun, 11 Feb 90 08:45:13 EST said: > The workers make >the day to day decisions about how the plant will run,what sort of product the >market demands, how much profit should go back into the business, how much to >pocket, etc. They perform all the labor, receive all the profit. >Socialism doesn't work? It works in Weirton. Give me a break. What is your definition of socialism? I would imagine that there is nothing about 'to each according to his needs' in the way the workers are compensated! Geez. This is simply one of the many ways a corporation can be organized in a free market economy. Socialism is a political system, not a form of corporate organization. --Jimbo