"The difference between councils and trade unions is that, while the latter lose their functions in a decaying capitalism, the former become a prefiguration of the organisation of socialist society."
Britain in the 1970s was a period of crisis and polarisation. Workplace closure led to resistance by workers, which defined the relations between capital and labour for subsequent decades.
Castoriadis stresses his agreement with Pannekoek on the issue of the 'autonomy of the working class' and expresses his disagreement over the role of the revolutionary party.
In regard to workplace occupations, the decision relates to workers’ assessments of their situation and their expectations about whether this will bring useful leverage.
The two theorists, following different trajectories, reached a common conclusion: that the real content of socialism is the complete control of labour by the workers themselves.