this post was submitted on 09 Oct 2023
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John Riccitiello, CEO of Unity, the company whose 3D game engine had recently seen backlash from developers over proposed fee structures, will retire as CEO, president, and board chairman at the company, according to a press release issued late on a Monday afternoon, one many observe as a holiday.

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[–] [email protected] 4 points 1 year ago (2 children)

The only way this can be done in a capitalist way, is by distributing exactly one company share for every employee that's not tradeable at all, flattening the hierarchy completely, and making every decision in a direct democratic way.

[–] [email protected] 1 points 1 year ago (1 children)

wouldn't an untradeable share just be worthless? give employees stock options

[–] [email protected] 1 points 1 year ago

It represents your partial ownership of the company and property

[–] [email protected] 1 points 1 year ago (1 children)

Or being a cooperative business.

[–] [email protected] 1 points 1 year ago

Profit maximization and personal gain over the many is where cooperation goes to die.

Some small companies can do a good job, and sometimes bigger ones too, but they'll be crushed by other companies that exploit their employees forcing them to do the same if they want to stay in the business.