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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 blackhawkC17 on Friday July 26, 2024 @02:21AM (#41076225)
No they don’t. China got richer when they implemented free market reforms, proving the idea.

Unfortunately Xi is now focused on saber-rattling about national security and bullying neighbors. He has cracked down on free markets, and China’s economy is suffering due to his incompetence.

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Re:Every company should be owned by its employees by bccdee on Saturday July 27, 2024 @09:05PM (#41090517)
It's not a binary. If we say market freedom is a spectrum with the USSR at 0 and the US at 10 (reductive, but let's pretend) then China moved from 0 to 5 and became a global power within a couple decades. This is a strong argument in favour of a level-5 economy, not a level-10 economy..
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