By Manila Ryce
Wednesday, May 7th, 2008
The Largest Minority
The Real News – We Must Democratize Our Economic Institutions
Senior Editor Paul Jay sits down with economist Leo Panitch to discuss participatory economics. In a truly democratic society, democracy isn’t simply limited to the political process but is incorporated into every aspect of daily life. Workers must essentially own the means of production because capitalism is fundamentally opposed to democracy. Anything less than real socialism in America will equal the collapse of our country, not to mention our environment. For more info on democratizing society, check out the forum on Participatory Society for the 21st Century.