Daily Archives: March 24, 2018


Global Capitalism: March 2018 Live Economic Update

Democracy At Work has the video Global Capitalism: March 2018 Live Economic Update.

Our goal: To develop all participants’ understanding and ability to explain current economic events and trends to others. We open the floor to questions and comments when time permits.


There are a lot of subjects covered, and lots of good information along the way. At the very end, he gives hints of what Socialism will look like in the 21st century compared to what it has looked like over the last 150 years. He hinted at the idea of bringing Socialism to the work place as the missing part of the previous attempts at Socialism. As he mentioned, it takes many iterations to get a new system “perfected”. He mentioned that it took capitalism about 10 iterations to get it to work. So, if this will be the second iteration of Socialism, I think that this second one won’t end up being the ultimate solution. It is easy to talk about bringing Socialism to the organization of the work place, but I think it is going to take a lot of trial and error to get it right.

I hope it is going to be possible to try Socialism in the work place on small scale efforts (sort of like alpha and beta tests of software and other products) before turning the entire world into this new organization.


Resisting the Gig Economy: The Emergence of Cooperative Food Delivery Platforms

Naked Capitalism has the article Resisting the Gig Economy: The Emergence of Cooperative Food Delivery Platforms.

These cooperatively run food delivery platforms would present a different vision from that of Silicon valley, a radical move away from the obsession of attracting venture capital to make short term speculative profits for a rich few. The platform economy isn’t going anywhere anytime soon, and monopoly digital platforms are further reducing workers’ slice of the pie. But examples emerging from Spain, France and Germany show how the power of unions and cooperatives can be combined to push back against gig employers, and offer a glimpse of hope for the future of delivery platform work.

I have read about worker owned businesses from the likes of Richard Wolff of Democracy At Work. I have not been sure how widely applicable this could be. This example of cooperative food delivery shows at least one idea that could spread.