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Every company should be owned by its employees (www.elysian.press)

submitted 4 months ago by Melvin_Ferd to c/general

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[–] Melvin_Ferd 4 points 4 months ago

This was my opinion. Any company that wants to go public should be required to restructure as a cooperative. Stay private means you get to be the man running the show. But the benefits the market gives business also means those business usually impact people at a scale that no individual or handful of individuals should be making decisions especially when those decisions are " increase profits at all costs". Cooperatives bring locals to the decision making and helps regulate some choices that are made at the executive level