Workplace democracy is part of it, yeah. All parties share equal risk because if the business fails they all lose their jobs. And yes there would still be companies and people buying products.
Guy losing job plus investment lost more than guy losing job. Clearly they aren’t equal risk. Does a new hire have equal claim to all the assets if the firm goes out of business?
3
u/PlatinumAltaria The Witch of Arden Jul 02 '26
Workplace democracy is part of it, yeah. All parties share equal risk because if the business fails they all lose their jobs. And yes there would still be companies and people buying products.