4 ms·
I don't see how this is a co-op. The voters are neither workers nor customers. Their voting power is directly proportional to the size of the stake of the compa
by ilikehurdles 5y ago
I don't see how this is a co-op. The voters are neither workers nor customers. Their voting power is directly proportional to the size of the stake of the company's asset's/money they own. That a publicly traded corporation decides to concentrate day-to-day decision-making power rather than hold a full shareholder vote on every small matter is an organizational choice. Many co-ops have boards and execs too.