2 ms·
> I guess in the case of publicly traded companies, it's a kind of plutocracy? Control ultimately lies with the shareholders. With the voting shareholders of w
by creddit 6y ago
> I guess in the case of publicly traded companies, it's a kind of plutocracy? Control ultimately lies with the shareholders.
With the voting shareholders of whom are in many cases dominated by super-voting shareholders of which the control often lies specifically in the hands of a founder type. Could go in many directions but plutocracy would be very common in this conception. Interestingly, with the rise of index investing this could even be thought of as arising to a democracy in some sense.
> Dealing with bad actors and community management without any kind of hierarchy is very much an unsolved problem, probably unsolvable.
Yes, highly agreed. There is likely a broad truth regarding the justness of organizational systems and I'm very interested in exploring possible proofs of such impossibility but have yet to have the time. There are interesting tangential concepts such as Arrow's Impossibility Theorem (https://en.wikipedia.org/wiki/Arrow%27s_impossibility_theorem https://en.wikipedia.org/wiki/Arrow%27s_impossibility_theore...) in the realm of Social Choice theory.