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I wonder how capitalism could compare with something like market socialism in cases like this. It seems like it would be easier for employees of companies (and
by birdyrooster 7y ago
I wonder how capitalism could compare with something like market socialism in cases like this. It seems like it would be easier for employees of companies (and stakeholders outside the company) to have more control over the direction of a business since they would also be shareholders. Adam Neumann types probably wouldn't be able to exist since they are so destructive to corporation and the people depending on the corporation.
- marcinzm 7y agoWould market socialism have the possibility for massive financial gain by making the company IPO with as high a valuation as possible? In the end, it's that goal which caused all this. Employees had stock options probably and bought into that goal as much as anyone else. Remove the massive potential payout and everything calms down irrespective of economic system.