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> It is very visible in communist economies - the companies are owned by everyone so people care about them as much as they care about the pavement on the stree
by baursak 10y ago
> It is very visible in communist economies - the companies are owned by everyone so people care about them as much as they care about the pavement on the street or a public toilet.
In existing and past "communist" economies the companies are NOT directly owned by people who work there. They are owned by the government who employs the workers.
See https://en.wikipedia.org/wiki/State_capitalism https://en.wikipedia.org/wiki/State_capitalism
- taway_1212 10y agoThe idea is that the people are the owners and the government is only managing the work.
- baursak 10y agoWhich is not the same as direct ownership. It's similar to the dynamic of democracy at work in the US at federal level vs. local municipal level. If large-scale federal level democracy doesn't work too well, we're not immediately dismissing democracy outright, right?