this post was submitted on 10 Jul 2025
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Richard Wolff

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Community for Richard Wolff and his show, Democracy At Work:


Full Name: Richard D. Wolff

More info about him: https://www.rdwolff.com/about


A lifelong professor of economics, Richard D. Wolff is a well-known critic of contemporary capitalism and the leading proponent of an alternative economic system based on Worker Self-Directed Enterprises (WSDEs). He is the host of Economic Update, and has been interviewed on several popular television programs that include: Real Time with Bill Maher, Bill Moyers’ Moyers & Company, The Charlie Rose Show, and Up with Chris Hayes.


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As the founding director of Democracy at Work (d@w), Wolff’s publications that advocate for making the workplace democratic include articles in Truthout.org, The Guardian, Common Dreams, as well as his recent book: Capitalism's Crisis Deepens

The videos you'll find here also advocate for WSDEs as a key part of moving forward from the current model of capitalism to a new and better economy. For more information, please visit our websites: http://democracyatw/


Democracy at Work is a non-profit 501(c)3 that produces media and live events. Our work analyzes capitalism critically as a systemic problem and advocates for democratizing workplaces as part of a systemic solution. We seek a stronger, fuller democracy – in our politics and culture as well as in our economy - based on workers’ equal collaboration and shared leadership inside enterprises and throughout society.


About:

  1. Host of #EconomicUpdate
  2. Prof. of Economics Emeritus @UMassAmherst
  3. visiting Prof. @TheNewSchool
  4. founder @democracyatwrk
  5. #WeCanDoBetterThanCapitalism

Links: 1. 2. 3. rdwolff.com 4. democracyatwork.info 5. facebook.com/RichardDWolff 6. twitter.com/profwolff 7. patreon.com/democracyatwork

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About Co-ops

"By democratizing workplaces, worker co-ops can give shape to a real, daily democracy on a society-wide basis." - Richard Wolff

We believe cooperatives (and specifically worker co-ops) are a critical component to realizing a more sustainable, equitable, and democratic future. Read more to learn why.

What is a cooperative?

A co-op is a business that is owned and self-managed by its members with the principle of “one person, one vote.” There is no boss, CEO, or Board of Directors who can make decisions by themselves and for their own personal benefit. Co-ops are people-centered, and are driven to create sustainable enterprises and long-term stability for all involved in them.

The values that form the base of any cooperative are self-help, self-responsibility, democracy, equality, equity, and solidarity. The management structures and day-to-day operations are designed according to the needs and desires of the co-op members and can vary greatly.

There are many types of cooperatives:

  1. Worker Co-op: A business that is owned and controlled by the workers, who together decide the business operations, strategic directions, profit distributions, etc. -- Examples: Equal Exchange, Cooperative Home Care Associates
  2. Consumer Co-op: Owned by members who direct the co-op to purchase the goods or services they need, ensuring better availability, and more. This model is often seen in groceries, electrical distribution, childcare, banking, and housing. -- Examples: UW Credit Union, REI
  3. Producer Co-op: Producers of a product band together to have a greater market share. Members are usually businesses themselves, not individuals, and such co-ops are often seen in agriculture. -- Examples: Dairy Farmers of America, Ocean Spray
  4. Purchasing Co-op: Purchasers of a product band together to improve their purchasing power. Members are usually businesses themselves, not individuals. -- Examples: ACE Hardware, Independent Pharmacy Cooperative
  5. Multi-Stakeholder Co-op: Owned and controlled by a mix of members and workers. -- Examples: Weaver Street Market, Boisaco Inc.

Cooperatives are not a new idea. Today, the International Cooperative Association’s research shows that “at least 12% of humanity is a cooperator of any of the 3 million cooperatives on earth.”^[[1] https://www.democracyatwork.info/about_co_ops]

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