A patron of Economic Update asks: "How would worker ownership work for industries that are highly automated and/or have high capital valuation per employee (i.e. Google/Alphabet, Amazon, Apple, commercial leasing / rental companies with many properties.)? Some industries have low capital value and others high capital value per employee. How would an economic system establish a general sense of equity across such differing sectors of the economy?"
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Learn more about Prof Wolff's new book, The System is the Sickness: When Capitalism Fails to Save Us from Pandemics or Itself, that comes out mid-September:
"Richard Wolff in his new book examines frightening and anti-democratic configurations of corporate power, offering not only a blueprint for how we got here, but a plan for how we will rescue ourselves and create new models of economic and political justice.” - Chris Hedges