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Red Hat should convert to a democratically run worker owned enterprise and get rid of their execs and board of directors.They are parasites extracting profits t
by yesbut 3y ago
Red Hat should convert to a democratically run worker owned enterprise and get rid of their execs and board of directors.They are parasites extracting profits that should be divvied up by the the workers. Improve job security. Fire the bosses.
- stcroixx 3y agoHopefully this is a joke. I’m a programmer and don’t know the first thing about running a company nor am I interested. I’d bolt the first day some nonsense like this was introduced.
- yesbut 3y agoThat is how the owner class wants you to think of yourself. Some light reading: https://web.archive.org/web/20220720120426/https://www.bloomberg.com/news/features/2022-06-30/worker-owned-business-model-in-spain-is-keeping-inequality-in-check https://web.archive.org/web/20220720120426/https://www.bloom...
- stcroixx 3y agoTo each their own, but that lifestyle is not for me.
- yesbut 3y agoa.k.a. "empowerment through self-subordination" https://academic.oup.com/book/3144/chapter-abstract/143993534?redirectedFrom=fulltext https://academic.oup.com/book/3144/chapter-abstract/14399353...
- temp2022account 3y agoAgreed, I don't care how much you own but if you tell me how to live my life we're not gonna be friends. stcroixx, go have fun building the future yesbut will be complaining about no matter how awesome it ends up being. I'll be right beside you!
- yesbut 3y agoI mean building a future that doesn't require countless poor to exist in order to maintain a parasitic billionaire class seems pretty awesome to me.
- pfannkuchen 3y agoI don’t believe there is anything illegal about organizing a company like you suggest. If it would work, why hasn’t anyone done it? Democracy is not very good at decision making. For the outermost system which involves the potential for violence, the trade off makes sense. For systems nested within I’m not sure it does.
- yesbut 3y agoLots of companies have done it. The largest is Mondragon in Spain, ~81k+ employees across its federation of worker cooperatives. https://web.archive.org/web/20220720120426/https://www.bloomberg.com/news/features/2022-06-30/worker-owned-business-model-in-spain-is-keeping-inequality-in-check https://web.archive.org/web/20220720120426/https://www.bloom... A newer game development company, Motion Twin (France), is doing something similar: https://en.wikipedia.org/wiki/Motion_Twin https://en.wikipedia.org/wiki/Motion_Twin You can still have a management structure, but many of these types of enterprises rotate their management, by vote and with term limits, from the ranks of the employees. It makes everyone more aligned with the larger goals of the organization and helps mitigate long term favoritism.
- _siis 3y agoPeople haven't done it recently because it simply doesn't work for many of the same reasons that nonmarket socialism doesn't work. You inevitably have people with notions that everyone should work as hard as they can and only be paid based on need. Claims that its an extended family. Everyone belongs to each other, yada yada yada. It gets real twisted real quick, and the only people to benefit are those that lie at everyone elses expense. The ones that are exploited the most are the ones that produce the most, so it drives any kind of efficiencies out of the business. There's no incentive to do anything productive, and you get the same inefficiencies of bureaucracy and corruption with negative production value. Those that are better get socially punished for being better and making everyone else look bad. You also can't have that dynamic when you are using other people's money (investors) unless you want to lose everything.