Boston Review & Noam Chomsky: Crisis and Hope

    Warnings about the purposeful destruction of U.S. productive capacity have been familiar for decades and perhaps sounded most prominently by the late Seymour Melman. Melman also pointed to a sensible way to reverse the process. The state-corporate leadership has other commitments, but there is no reason for passivity on the part of the "stakeholders", workers and communities. With enough popular support, they could take over the plants and carry out the task of reconstruction themselves. That is not a particularly radical proposal. One standard text on corporations, The Myth of the Global Corporation, points out, "nowhere is it written in stone that the short-term interests of corporate shareholders in the United States deserve a higher priority than all other corporate 'stakeholders.'"

    It is also important to remind ourselves that the notion of workers' control is as American as apple pie. In the early days of the industrial revolution in New England, working people took it for granted that "those who work in the mills should own them." They also regarded wage labour as different from slavery only in that it was temporary; Abraham Lincoln held the same view.

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