After Capitalism (New Critical Theory) by David Schweickart

After Capitalism (New Critical Theory) by David Schweickart goes beyond the usual Marxist excuse that the workers will design their future by actually suggesting a system for social control after capitalism. He has a three-part proposal. 1. Firms will be self governed cooperatively. 2. Assets will be owned by the state at large and enterprises will pay a ten percent tax. 3. Taxes will be distributed geographically for investment in new and existing operations.

It is an interesting proposal, but could uses some fleshing out in how firms will be managed, for example, how they will decide things and pay their executives. As for the rest, I am not sure why new investments and innovative product launches cannot occur within the context of existing socialist cooperatives. The state asset owership and investment system sounds like state control for its own sake. I expect that part of this is a safety net to redo failing cooperatives, but for that I would give a third of cooperative voting shares to an insurance fund to both insure the future incomes of members and to, at the request of a quarter of employee shares, take over the cooperative and reorganize it should mismanagement be found.