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> The long-term solution for this Human problem -I believe is to for employees to own corporations. We're right back to confederation. No one wants to deal wi
by wdewind 8y ago
> The long-term solution for this Human problem -I believe is to for employees to own corporations.
We're right back to confederation. No one wants to deal with this shit otherwise they already would, hence federation instead.
> And by employees owning corporations. I mean 1-person-1-vote, instead of 1-share-1-vote. Managers and CEOs can still exist, but is not permanent. Employee-owners can recall them anytime, and they can agree for a quarterly or semi-annual evaluation. Employee-owners also decide how much to pay Managers and CEOs, how to use the profit. You may ask if this company can survive? This has been done in large scale by Mondragon, a corporation and federation of worker cooperatives based in the Basque region of Spain. Not perfect but it has done good progress.
No one would ever agree to this except employees. Mondragon works because it pays basically what would be paid regardless. The actual executives managing the Mondragon foundation are not constrained to the same pay structures that the people working in the coops are. The number of non-owning employees is also growing fairly rapidly.
- profalseidol 8y ago> No one would ever agree to this except employees. Which is practically 99.999% of the world. Ever heard of the top 100 billionaires having control of most of the world?