Fox cable hosts are doing the job of the chair of the White House Council of Economic Advisers, Jared Bernstein, by admitting that the economy under President Biden is strong. Bernstein joins MSNBC’s Ali Velshi to discuss the latest “expectation-busting” jobs report.
Can you elaborate a bit on this? How do unions “take over”, and what sort of new system would they put in place? Every company is now a co-op? How does investment work? How do we do retirement for workers?
Depends! Could be via mass worker general strikes, or purchasing Capital. It would happen on an industry by industry basis, forming a syndicate of industries owned and run by workers within each industry. Individual companies would likely become entities of the industry, which would be entities of the syndicate. Investment is handled by worker discretion, democratically decided. Retirement works like pensions, typically. Eventually a more advanced form of Socialism would take place, and then eventually Communism.
You can read up on it here: https://theanarchistlibrary.org/library/rudolf-rocker-anarchosyndicalism
Sounds like a solid plan. Thanks, I’ll check it out!