A Patron of Economic Update asks: "How would a socialist-style enterprise such as a worker co-op or WSDE relate to investors/banks/capital? Would the co-op or WSDE still be considered a socialist enterprise in it's relationships externally versus the internal structure? How does the socialist philosophy/ideal reconcile the need to raise funds via investors/shareholders? And would it still be considered a socialist venture? What is the alternative to raising funds for a worker co-op or WSDE other than investors/capital?"
This is Professor Richard Wolff's video response.
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