Markets against economic democracy
- 2000
- p.448-60
- Sep
Renewed reliance on markets has made it more difficult for democratic institutions of production to survive. The impact of diminished market mediation is illustrated by the cases of the plywood cooperatives in the United States and the Mondragon cooperatives in Spain. New property relations and institutions that are more supportive of economic democracy are essential if market transmission of the norms of capitalism are to be overcome. - Reproduced