Didn’t say they run it. The person who runs it can be simply another employee. It’s just there are no outside investors and everyone has a vote on the board. You put someone in charge you trust but everyone as a whole has a say in big picture stuff with the person at the top being day to day and being held accountable to employees and not investors.
Capitalism fundamentally changes the relationship between workers and their work. One takes the value they create and gives it to someone else. One doesn’t.
But why would this employee put in that more work than anybody else? Just to get the same amount of compensation as anybody else? I certainly wouldn’t put up with all the complications of leading a bunch of people without being paid extra.
Didn’t say they run it. The person who runs it can be simply another employee. It’s just there are no outside investors and everyone has a vote on the board. You put someone in charge you trust but everyone as a whole has a say in big picture stuff with the person at the top being day to day and being held accountable to employees and not investors.
Capitalism fundamentally changes the relationship between workers and their work. One takes the value they create and gives it to someone else. One doesn’t.
But why would this employee put in that more work than anybody else? Just to get the same amount of compensation as anybody else? I certainly wouldn’t put up with all the complications of leading a bunch of people without being paid extra.
Who said that’s the case?