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by tmaly 452 days ago
> Democratize ownership

I think there is another word for this.

read To The Finland Station by Edmund Wilson.

There are only a very few cases where Democratize ownership worked and it was under a benevolent dictator. After the dictator died, everything fell apart.

1 comments

The book you referenced appears to be about the rise of Marxism. I'm neither agreeing nor disagreeing with the GP when I say this, but I think it's worth pointing out that you can democratize ownership under capitalism, e.g. a worker cooperative [1] is a business owned by the workers.

[1] https://en.wikipedia.org/wiki/Worker_cooperative

It is more of a case study of the various utopias that have been tried and what the outcomes have been.