Comment on Capitalism is all about using state power to protect capital by force
TheKingBombOmbKiller@lemmy.zip 4 days agoWhat makes a workplace owned and managed by the workers incompatible with the role of a chief executive officer?
Comment on Capitalism is all about using state power to protect capital by force
TheKingBombOmbKiller@lemmy.zip 4 days agoWhat makes a workplace owned and managed by the workers incompatible with the role of a chief executive officer?
FlyingCircus@lemmy.world 4 days ago
CEOs exist to siphon surplus value to shareholders instead of letting the people who produce it retain it. It’s more that the CEO role is unnecessary in worker owned businesses than incompatible.
TheKingBombOmbKiller@lemmy.zip 4 days ago
CEOs exist to execute the decisions of the board. In a capitalist system the decisions can often be boiled down to “siphon surplus value to shareholders instead of letting the people who produce it to retain it.”
In a socialist system where the workers have a controlling majority of the board, you still need someone to execute the decisions of the board. Or are you suggesting that a worker owned company doesn’t need any top leader beyond the board?
FlyingCircus@lemmy.world 4 days ago
Why should it? If the workers themselves are on the board, then they know what the board decides. No need for a middleman CEO.
TheKingBombOmbKiller@lemmy.zip 4 days ago
Are you imagining that every single worker are on the board at every single company? Even the ones with hundreds or thousands of workers? It’s all direct democracy, and no representative democracy?