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#companieswekeep — Public Fediverse posts

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  1. @shauna
    > they do not have collective ownership by the workers and users, and without that, nothing stops private equity from destroying all the beautiful things they *do* have

    Agreed. Same is true in reverse.

    As John Abrams says in his book Companies We Keep, giving workers ownership without democratic management is like selling someone a car without giving them the keys;

    yewtu.be/watch?v=tcAx4vKfr2A

    #Cooperatives #WorkerOwnership #JohnAbrams #CompaniesWeKeep

  2. @shauna
    > they do not have collective ownership by the workers and users, and without that, nothing stops private equity from destroying all the beautiful things they *do* have

    Agreed. Same is true in reverse.

    As John Abrams says in his book Companies We Keep, giving workers ownership without democratic management is like selling someone a car without giving them the keys;

    yewtu.be/watch?v=tcAx4vKfr2A

    #Cooperatives #WorkerOwnership #JohnAbrams #CompaniesWeKeep

  3. @ntnsndr
    > Can shared governance be meaningful in a for-profit corp w/o shared ownership?

    Great question. In his book 'Companies We Keep', John Abrams described this as selling someone a car but keeping the keys ;)

    #JohnAbrams #CompaniesWeKeep