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>I don't see how we have a free market without the possibility of a Jeff Bezos rising to the top. Abolish the concept of a CEO. If the company is run democrat

by cazum 8y ago

>I don't see how we have a free market without the possibility of a Jeff Bezos rising to the top. Abolish the concept of a CEO. If the company is run democratically, as a cooperative, where every worker has a say in how the company is run and how much everyone gets paid, there is nobody to sit at the top of the hill with the whip telling you to break your hands working for $7.50 an hour so they can scrape off and take the 30 dollars an hour of surplus value that your labor generates.

deleted 8y ago
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notyourwork 8y ago
Interesting idea though I think you are blending two problems into one. Let's entertain a hypothetical Amazon where its democratically run. Majority of employees are low wage fulfillment workers. So they vote to increase their wages because they are majority. Now amazon isn't able to sustain profitability because low wage work is by very definition low wage work. Would Amazon be as successful in this scenario? I doubt it because their prices would be higher to cover larger employee costs. I don't think democracy in a free market works because a business would self consume.
dang 8y ago
It looks like your comments for the last six months have all been in political arguments. Regardless of your politics, that's the sort of thing we HN users here not to do. The guidelines say: "Please don't use Hacker News primarily for political or ideological battle. This destroys intellectual curiosity, so we ban accounts that do it." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html Occasional political comments are fine, as I've explained many times: https://hn.algolia.com/?sort=byDate&dateRange=all&type=comment&storyText=false&prefix=false&page=0&query=by:dang%20political%20occasional https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme.... But using HN primarily for that purpose degrades the main mandate of the site. If you'd please not do that, we'd appreciate it.

by cazum 8y ago

deleted 8y ago

[deleted]

notyourwork 8y ago

Interesting idea though I think you are blending two problems into one. Let's entertain a hypothetical Amazon where its democratically run. Majority of employees are low wage fulfillment workers. So they vote to increase their wages because they are majority. Now amazon isn't able to sustain profitability because low wage work is by very definition low wage work. Would Amazon be as successful in this scenario? I doubt it because their prices would be higher to cover larger employee costs. I don't think democracy in a free market works because a business would self consume.

dang 8y ago

It looks like your comments for the last six months have all been in political arguments. Regardless of your politics, that's the sort of thing we HN users here not to do. The guidelines say: "Please don't use Hacker News primarily for political or ideological battle. This destroys intellectual curiosity, so we ban accounts that do it." https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html Occasional political comments are fine, as I've explained many times: https://hn.algolia.com/?sort=byDate&dateRange=all&type=comment&storyText=false&prefix=false&page=0&query=by:dang%20political%20occasional https://hn.algolia.com/?sort=byDate&dateRange=all&type=comme.... But using HN primarily for that purpose degrades the main mandate of the site. If you'd please not do that, we'd appreciate it.