I appreciate the examples provided but disagree with your opening, and would suggest the same of you. I specifically said “many businesses” and “largely undemocratic” as I was aware of most of the examples you gave beforehand.
In particular I don’t view the joint-stock model as sufficiently democratic due to what you already acknowledge, i.e. limited to owners/shareholders.
Regardless, appreciate you bringing to light “Betriebsräte”, as I’ll have to look into that.
Democracy is “owned” by stakeholders, and those stakeholders are the people. So it makes sense for them to have a say in how government works.
A company is owned by shareholders, and they take all of the risk for the company. An employee shows up and gets paid, with none of the downside risk (their paycheck won’t go negative), so the employee isn’t a stakeholder. Therefore, shareholders make the decisions, not employees.
In some structures, employees are the share holders and thus help make the decisions.
I appreciate the examples provided but disagree with your opening, and would suggest the same of you. I specifically said “many businesses” and “largely undemocratic” as I was aware of most of the examples you gave beforehand.
In particular I don’t view the joint-stock model as sufficiently democratic due to what you already acknowledge, i.e. limited to owners/shareholders.
Regardless, appreciate you bringing to light “Betriebsräte”, as I’ll have to look into that.
Democracy is “owned” by stakeholders, and those stakeholders are the people. So it makes sense for them to have a say in how government works.
A company is owned by shareholders, and they take all of the risk for the company. An employee shows up and gets paid, with none of the downside risk (their paycheck won’t go negative), so the employee isn’t a stakeholder. Therefore, shareholders make the decisions, not employees.
In some structures, employees are the share holders and thus help make the decisions.