Comment on Capitalism is all about using state power to protect capital by force

<- View Parent
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?

source
Sort:hotnewtop