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The news channel of the Pantopia Community. We publish articles, short essays, videos and all kinds of media around leftist theory.

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I didn't talk about the insurrection here much, but I think this thread is very important
"Many of the most promising ideas in circulation now proceed from a simple principle: Our economy will continue to fail the American people until they are given more control over it.

Some of the proposals that should be given consideration concern the reallocation of power at the firm level: that is to say, “reshaping company ownership so that it is democratic, inclusive, and purposeful by design,” as the policy analyst Peter Gowan wrote last year. In an interview this week, Gowan told me, “We should be encouraging the development of a lot of alternative economic models. And we should be encouraging people and workers on the ground to think about how the private ownership of capital is negatively impacting their lives.”"

"In a widely overlooked campaign proposal last year, Senator Bernie Sanders, inspired by another recent Labour proposal, took the concept of the employee stock fund to the next level: the Democratic Employee Ownership Fund. “Under this plan,” the campaign wrote, “corporations with at least $100 million in annual revenue, corporations with at least $100 million in balance sheet total, and all publicly traded companies will be required to provide at least 2 percent of stock to their workers every year until the company is at least 20 percent owned by employees.”"

"This isn’t a new idea. In Italy, for instance, a body of legislation called the Marcora Framework offers workers financial support for turning shuttering businesses into worker cooperatives. According to the European Research Institute on Cooperative and Social Enterprises, the framework facilitated at least 257 worker buyouts between 1979 and 2014 and saved at least 9,500 jobs. It also found that even distressed businesses that wound up closing eventually survived for over a decade, on average, after their worker takeovers. In 2018, the platform of the U.K.’s Labour Party included an even bolder idea—granting workers the right to a first chance to buy their companies not only when they’re at risk of dissolving but whenever they’re put up for sale."

https://newrepublic.com/article/160528/workplace-democracy-pandemic-economic-crisis
"Submitting traditionalism to any kind of rational scrutiny reveals it for what it is: an appeal to fantasy, the wrapping of oneself in the blanket of vaguely defined yet comforting categories. It presents a fundamentally hierarchical vision of the world, compensating followers for a lack of material improvement with a sense that they are superior to degenerate liberals and dangerous foreigners.

The right-wing populism of figures like Steve Bannon, for instance, excludes huge swaths of workers, despite his claims of championing a working-class politics. Compare that to democratic socialism, which offers all workers not just better material conditions, but empowerment — extending basic economic and political rights that neoliberalism has allowed to wither away."

jacobinmag.com/2021/01/benjamin-teitelbaum-war-for-eternity-steve-bannon/