> People risking their own money tend to be non-corrupt about managing it. I don't think this theory matches reality. There is plenty of corruption in manageme

> People risking their own money tend to be non-corrupt about managing it. I don't think this theory matches reality. There is plenty of corruption in management and I don't think I need to provide specific examples. Also, plenty of managers are not risking their own money and, as individuals, their interests are not aligned at all with the business'. Plenty of startup founders screw their businesses for big exits; plenty of owners liquidate and leverage companies to suck out as much cash as they can before they dispose of them; plenty of CEOs think they are God, the company is their toy, and anything they want to do is fine; and there are plenty more dirty stories in the business world. Workers are risking their own jobs, futures, and money; generally they have less career flexibility than managers. If the auto plant closes, that's it. > rightfully That's part of our question, not the answer.