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It seems pretty obvious (#) that more democracy inside companies is going to bring benefits. I mean we believe that our past two hundred years of growth is in
by lifeisstillgood 4y ago
It seems pretty obvious (#) that more democracy inside companies is going to bring benefits. I mean we believe that our past two hundred years of growth is in part down to the ability for a democracy to harness new chnage and ideas and adapt as needs be. So if it works for countries why not companies? Especially as there are plenty of companies who employ more people than some countries have citizens and many companies who control more funds than GDP of dozens of countries?
It's something we should believe, balls to bone.
So why have we still got dictators in our private markets when we won't tolerate them in our ballot boxes?
My guesses :
- it really is about the wealthy and the elites. Only cataclysms seem to seperate the wealthy from their grasp on power - the end of WW2 led to the birth of pretty much all modern democracies, and the death of the USSR found the rest.
- There is a lot of baby in modern capitalism, but also a fair amount of bathwater. We could throw out one and keep the other if we are careful. I honestly don't think that "I own all the voting shares so FU" is a great way to organise Facebook's billions, and a lot of people tend to agree. However why stop at dualmclass voting shares. Why is the AGM vote on director remuneration non-binding? Why don't employees get to vote for their boss? Vote on the yearly budget? I think if we chose the C-suite like we choose our parliament we might read the manifesto a little more closely.
- Imagine a world where UBI magically worked and we all chose to work based on
not can we make rent this week but "is this group of people actually any good and able to deliver the thing that's needed?" How often would we chnage jobs? How large a company is too large?
I don't have any real answers - I barely can articulate the questions. But Where we are today is incredible compared to the past ten thousand years of human history. But how we organise our selves today, how we react as a species to the coming storms will determine if there is another ten thousand years or not. And I am damn sure that billionaires and hero leaders are not the solution we need.
(#) From a middle class man raised and educated in a modern democracy