While worker-managed businesses have been the dream of the world's socialists, in Venezuela they may become a reality. Amongst some of its state-owned companies, Venezuela is offering financial incentives in exchange for carrying out "co-management," in which workers are decision makers, in some cases even owners, of businesses across the country. Incentives like cheap credit and debt write-downs from the government have also enticed more than 100 private, small and medium-size companies to adopt worker management models.
See "Making a Place for Blue Collars in the Boardroom", Brian Ellsworth, The New York Times, August 2, 2005