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The company represents people too; those people just happen to be shareholders, and not employees. There is also a spectrum of companies, from mom-and-pop corpo
by nickff 7y ago
The company represents people too; those people just happen to be shareholders, and not employees. There is also a spectrum of companies, from mom-and-pop corporations and sole proprietorships and worker-owner co-operatives through member-owned co-operatives, all the way to publicly-traded corporations.
- elicash 7y agoWorth noting that there's not some Law of the Universe that says corporations SHOULDN'T represent the workers. In the United States, we've made political decisions that they shouldn't, and should instead only represent shareholders. But other countries have decided differently. And there are calls, for example, to have workers represent 40% of many corporate boards. https://www.wbur.org/hereandnow/2019/10/18/warren-workers-corporate-board-members-germany https://www.wbur.org/hereandnow/2019/10/18/warren-workers-co...