Thursday 1 May 2008

Syndical Investment




We are supporters of Syndicalistic worker-ownership of larger enterprises, but the problem observed by economists who have studiedthe possibilities of such a system is the lack of larger scale capital investment when a business opportunity presents itself. Can I suggestthe pension funds become totally owned by the Guilds and would therefore be at the disposal of our syndical businesses for investment.A fundamentalist free-marketeer may criticise, but I say that suchinvestments certainly couldn't perform any worse for the savers thanpension funds have in recent years, that would be impossible.

No comments: