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.
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.
This depends on where the employee works, both in terms of business and nation. If they work in a nation that doesn’t provide some services, they may be dependent on their employer to some degree for some of those services. In that circumstance they’re no longer “just” showing up and getting paid, nor are they as mobile in their ability to switch businesses/employers.
Should those employees in that circumstance still have essentially no say?
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.
This depends on where the employee works, both in terms of business and nation. If they work in a nation that doesn’t provide some services, they may be dependent on their employer to some degree for some of those services. In that circumstance they’re no longer “just” showing up and getting paid, nor are they as mobile in their ability to switch businesses/employers.
Should those employees in that circumstance still have essentially no say?