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A comment on Every company should be owned by its employees. Parent comment

Re:Every company should be owned by its employees by dash2 on Thursday July 25, 2024 @04:34AM (#41066267)
It's possible. But note that Germany has struggled to move out of declining sectors (petrol cars) and into new ones (tech) - which fits what I said about worker control making creative destruction hard. Its economic performance has been dramatically bad recently.

Equally, I wouldn't want to judge Rhineland capitalism on a few bad years, or claim that the US "open the casino" approach dominates it on every dimension.

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Re:Every company should be owned by its employees by yunohn on Thursday July 25, 2024 @05:03AM (#41066451)
The whole world still relies on and builds petrol cars. EVs are still a small portion of the global market.

I think it’s quite disingenuous to blame Germany’s slow moving industry sector on “worker’s control”.

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