You get it; pedantry is pointless here. The folks benefitting from a thing will vote themselves money and perks until the place is bankrupt. It takes a different mindset to sign the front of the check, than to sign the back of the check.

>The folks benefitting from a thing will vote themselves money and perks until the place is bankrupt

So, executive boards of companies?

Exactly. I tend to criticize plans like this because of their essential similarities to current arrangements, not their differences.

The positive aspect is that it introduces democracy into the system (through control by officeholders), if only for the moment that it takes for power to recentralize (as any autonomy that the business has is lost due to patronage appointments from the central government or larger unions.) Maybe this could be prevented by handing control to the union of the workers in a particular company, or a particular location, rather than large unions that cover entire industries.