In the 1970s real hourly wages in the US stopped climbing while productivity continued soaring. Businesses outsourced or brought low-wage workers so wages stagnated or went down.
Workers could be their own board of directors. Maybe you can't have real democracy without economic democracy.
to hear Richard Wolff's 36-minute talk, click on
http://video.google.ca/videoplay?docid=7382297202053077236