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You just invented cooperatives. Which is indeed a significant part of what communists wish to achieve. Now you gotta wonder: is workplace democracy such a bad t

• JumpCrisscross 3y ago
  > is workplace democracy such a bad thing? Yes, they're called committees. They're wildly inefficient for fundamental reasons [1]. We tolerate them in government, because when it comes to the state, we've learned that being consistently right is more important than being efficient. That's not the case in commerce. [1] https://en.wikipedia.org/wiki/Theory_of_the_firm https://en.wikipedia.org/wiki/Theory_of_the_firm
  • waihtis 3y ago
    The amount of openly communistic commenters on HN is both hilarious and concerning at the same time.
    • JumpCrisscross 3y ago
      > openly communistic I don't think worker-owned companies are communist. Until recently, investment banks and law firms were predominantly structured as partnerships.
      • waihtis 3y ago
        Perhaps, but the ideals of the above commenters certainly do not come from investment banks
    • bmicraft 3y ago
      Worker owned companies is basically the definition of socialism. It's kinda telling that you'd call it communism