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If the company is controlled by distant, diffuse, anonymous investors indirectly, they are much more likely to demand instant profits and encourage rich leaders
by 1letterunixname 3y ago
If the company is controlled by distant, diffuse, anonymous investors indirectly, they are much more likely to demand instant profits and encourage rich leadership to screw the workers. Wealth invariably (but not always) makes people less humane and more arrogant.
The solution to avoid this Kafkaesque trap multitudes are willing to saddle around their necks is worker-owned co-ops.