The top 400 people own more wealth now than the bottom 185 million Americans taken together. That is a medieval structure.

We need to learn to listen to what the people need and want and not try to impose on them a whole schema that they may not. This is historically difficult stuff: how do we balance the project of raising consciousness, advancing a vision of utopia, with the real and honest engagement in real-world experiments?

Worker-owned co-ops, on their own, floating in the market, tend to replicate the behavior of worker-owned capitalists in some circumstances. They sometimes develop positive participatory schemes, sometimes not. We know from the studies of worker-owned plywood companies in the US, they can tend to develop conservative attitudes, not socialist attitudes. So even though I'm an advocate of further democratization of the workplace, we also need to be building larger structures.

The federalism term is a good term, but it's just below the surface; it's just about to come up into wider public understanding that these practices are happening and are politically viable.

For 40 years, my argument has been that democratizing ownership of wealth has been the key to egalitarian society and the goals of egalitarian society. But you start at the local level, both at the workplace, community and other institutions and you reconstruct the egalitarian democratized structure as well as participatory structure. And as this happens, we learn more how to move toward the vision that is much larger than just the community level.

There has been a change in consciousness that makes this one of the most interesting periods of American history, maybe the most interesting. There's a loss of belief in the corporate system; there's a recognition that something is fundamentally wrong, So there's an opening to a whole different vision of where to go forward. I think that's where we are in the question, so let's not blow it; let's see what we can develop over time.