Publicly traded companies are ostensibly democracies. It's just one vote per share instead of per person. > In any case I find it contradictory that democratic

Publicly traded companies are ostensibly democracies. It's just one vote per share instead of per person. > In any case I find it contradictory that democratic countries are essentially hosting non-democratic business entities. As one of my favorite econ books puts it "corporations are chunks of central planning in a soup of free market". Corporations only make economic sense because of the Coase Theorem: the transaction costs of reaching consensus agreement on all topics often costs more than can be gained by doing so.