How Worker Co-ops Handle Bankruptcy

Ask Prof Wolff
25/05/2022 7 min Temporada 2022
How Worker Co-ops Handle Bankruptcy

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Episode Synopsis

A Supporter of Democracy at Work asks: "The concept of the productive worker being both employer and employee in all areas is brilliant and necessary to overcome the injustice of the potentially dangerous and egregious financial disparity between that of the upper earning and the lower earning citizens. However, not all such businesses will succeed. How is this scenario resolved?"
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