All posts by sz szilu84

Private property versus individual enterprise

Entertaining and perplexing views from the first half of the 20th century on capitalism, communism, money, business, community, as well as their origins and difficulties of their application. According to the author, the essence of capitalism is „not that some have capital but that the majority only earns wages and does not possess capital".

The uncertain future of employee ownership

The article summarizes the experience of two decades of experiments with employee stock ownership programs in the United States. The author was an active participant of the movement for ESOPs. In his view, the programs did not fulfil the early hopes. The ESOP companies can be found on the periphery of the US economy, and suffer from capital shortage. (First published in Dollars and Sense, US.)

McWorld versus democracy

The American political scientist has been well-known internationally for his theory on the contemporary conflict of „McDonaldization" and the culture of „jihad". This time he discusses the anti-democratic features of the McDonald society. The McWorld can be identified with the United States proper. (First published in Le Monde Diplomatique)