Discipline: Political Science
Theory of industrial and economic power.
Production should be controlled by those directly engaged in it, rather than by nonproductive owners.
Workers' control - of which guild socialism is an example -is to be distinguished from revolutionary doctrines such as syndicalism or anarcho-syndicalism in that it does not seek to use economic power in order to sieze political power.
Rodney Barker, Political Ideas in Modern Britain (London, 1978)