Word: mitbestimmung
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Dates: during 1952-1952
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...caps and red scarves, the Schumacher Socialists of today have lost their enthusiasm for all-out nationalization of "all means of production, distribution and exchange" and advocate a more tepid Socialism like the Swedes and the British Laborites. They want some nationalization, some private ownership. They advocate something called Mitbestimmung (co-determination), which means giving workers the right to share with management in the operation of industry...