Let the Workers Own and Manage

V M Dandekar It will be wrong to reject employee stock ownership simply because the idea has come from the governments and spokesmen of liberal capitalism and because, if accepted, it may make it easier for capitalism to manage its crises better and survive. The relevant question to ask is whether if capitalism transforms itself and survives in a new form in which the means of production are owned by the workers, will it be better or worse for labour than if capitalism continues in its present antagonistic form.