It's not like it's unheard of, but it doesn't fill the pockets of the selected elite. There are worker cooperatives: https://en.wikipedia.org/wiki/Worker_coope

It's not like it's unheard of, but it doesn't fill the pockets of the selected elite. There are worker cooperatives: https://en.wikipedia.org/wiki/Worker_cooperative https://en.wikipedia.org/wiki/Worker_cooperative Workers' self management: https://en.wikipedia.org/wiki/Workers%27_self-management https://en.wikipedia.org/wiki/Workers%27_self-management And serious economists who advocate for such a system: https://en.wikipedia.org/wiki/Branko_Horvat https://en.wikipedia.org/wiki/Branko_Horvat