If by 'not really grounded in business or technical fact' you mean not how things are typically done now, that's sort of the point. But there are some important

If by 'not really grounded in business or technical fact' you mean not how things are typically done now, that's sort of the point. But there are some important precedents: Publix supermarkets for example, a Fortune 100 company with 170k workers, is wholly employee-owned.