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12/10/2022 09:52:00 AM
I'd say there are two main features, number one being democratic control of the workplace and the second being social control of investment. I'm personally a fan of both ideas, but they have to go together in that order. First you need to transition to a mandate on democratic control at the firm level and then you can transition to social control of investment. Otherwise you'll end up in much the same situation as current public institutions which often continue to serve private interest by regulatory capture (and may even become more corrupt).