It's a meme
this post was submitted on 27 Oct 2023
739 points (84.7% liked)
Memes
45665 readers
1010 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Genuinely speaking, do you really think Amazon will continue to operate if the "workers" took it over from the (evil) executives and owned all the power?
In my opinion, it'll fall apart in no time, because not a single decision will be made to progress work and to solve problems, and every problem will be a vote to people who don't understand the consequences and will prefer to serve their personal needs. Am I wrong?
I think your worries are misplaced. I work for an employee owned cooperative with about 60 employees. I think half of the employees are also owners. There's still a CEO, chosen by the board of directors, who are elected by the employee-owners. Day to day operational decisions are made by whoever is in charge of the relevant department, just like a shareholder-owned corporation. Bigger decisions, like long term strategy or how to distribute profits among employees, are voted on by all of the employee owners instead of shareholders. It's been in business for about 20 years and makes enough money to share profits with all employees regardless of their ownership status. So essentially this business operates like any other, but the profits are shared with the employee-owners and employees instead of going to shareholders or insane CEO salaries (compressed pay structure).
This is exactly the problem with such discussion. We end up with anecdotes. Yeah, I gotta see that company's financial statements, their business model, and their growth, to decide whether this is a good thing. In fact, the idea that it makes "enough money" doesn't sound good good. This kind of "stability" (I'll call it) is either due to a niche field or a dying company that sooner or later will become irrelevant. It's not how the real world works.
And even with this model you proposed, someone eventually can put their foot down. Those employees can sell their shares if they want, and we're all the way back to the (evil) capitalist model you don't like.
I really think you should stop arguing and start listening.