link to original reddit post by /u/gediwer
It's all about freedom.
If you think companies work better under a structure of democracy then you're free to do it. We won't stop you. Just don't force your ideologies upon us who believe in the typical company structure.
If your proposal really was good enough then you would create such companies by yourself instead of forcing us into it. And capitalism adapts to trends very very quickly. If the company structure was better then more companies would automatically shift towards such a structure.