Sure but I think when you get down to it, the thing people take issue with is the fact that companies can be owned like this in the first place. It creates real

Sure but I think when you get down to it, the thing people take issue with is the fact that companies can be owned like this in the first place. It creates real-estate like dynamics on a thing that can expand indefinitely. The idea that I can own 50% of a company and that I retain 50% ownership when the company (in the band of people sense) grows to be 100,000x the size is in a lot of ways really dumb. If my sole proprietorship goes from 1k to 1M annual revenue then it's easy to argue that I absolutely earned all that money. If a bunch of people join the company on that journey to 1M then it's a lot less clear how much I did and what work I have a legitimate claim to the fruits thereof. I think we're so used to the current state of employment contracts just being contractors with 401k's that we don't consider that it could work differently.