Thank you, that's a really good summary of a plausible workers co-operative structure. I say go for it. There's nothing in the regulatory or legal framework in most countries to stop you doing this. In fact there are successful co-operative commercial organisations, and have been for centuries.
I just don't see how this disincentivizes the managers and key stakeholders in companies from conspiring like this. Most top managers of companies own a lot less than 20%, I doubt the managers of any of the oil companies own anything like that much, so if anything this would give them even more incentive to try and boost the value of their company. How do you see this preventing such conspiracies?
I just don't see how this disincentivizes the managers and key stakeholders in companies from conspiring like this. Most top managers of companies own a lot less than 20%, I doubt the managers of any of the oil companies own anything like that much, so if anything this would give them even more incentive to try and boost the value of their company. How do you see this preventing such conspiracies?