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Is there an alternative to capitalism? : Comments
By Sam Ben-Meir, published 12/10/2017One would think that perhaps we would keep an open mind regarding alternatives; instead of buying the tired old argument that anything else must either lead to totalitarianism, or be incurably utopian.
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Mondragon also survives because when sales and prices fall, it can cut the wages of all its employees. Try doing that with the unions here. The workers would prefer to retrench people than take a pay cut.
The only way these systems would work universally would be to use draconian laws to enforce them.