> Funny that we picked democracy for our government but we just left corporations as little feudal kingdoms.
Ianal but I don't think the laws care about governing structure of corps. You can start a new corp and run it democratically all you want. There are co-ops and other interesting structures out there
Companies have a largely democratic component at the top, called the board. Voters (those who own the company) have representatives on the board. Some boards also have representatives from the employees, that varies.
China has succeeded so much by moving away from a planned economy when they were fully planned they were one of the poorest nations in the world. Most successful nations are mixed economies and yes, this is a settled question.
If you look on Alibaba or AliExpress and see different companies competing and undercutting each others prices, I don't really see it as a planned economy.
Funny that we picked democracy for our government but we just left corporations as little feudal kingdoms. It seems like quite the oversight.
In the world of AI I imagine that Automattic’s core business model is in turmoil.
Ianal but I don't think the laws care about governing structure of corps. You can start a new corp and run it democratically all you want. There are co-ops and other interesting structures out there
Doesn't this just boil down to planned vs free market economy? I think we've seen over an over again which one works and which one doesn't.
Have you asked people in China about this?
Congratulations you have reinvented communism from first principles! And you are completely correct in your analysis.
That's a hilarious leap.