And Puma by his brother Rudi, in the same town. Great Feud story.

>My wife hates that but her boyfriend likes it

?

Good day, fellow M'arvel enjoyer! I like both DC and Marvel but my girlfriend (FtM) has a very high IQ so is only able to enjoy Marvel. She even got me the Tony Stark Funko to add to my collection!

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What a brave rebel you are

Laws should care about the governing structure of corps. And in a lot of ways they already do, but, in my opinion, they stop short of requiring corporate structures that are fair to employees.

Why should companies with employees even have the choice of shutting their employees out of making decisions? We don't really allow that same concept in government: we elect officials and if they make bad choices we can vote them out. Those elected officials can't declare themselves king.

Of course, nothing actually strongly governs who is on the board.

If I own majority voting shares in a company the board isn't a democratic body, it's a body that I fully control.

Private companies don't even need to have a board.

I think that in the employer employee relationship that we have come up with this idea that owning the company allows you to exert unlimited control over employees and to tell them that their voice doesn't matter, because they don't own the company. But the company wouldn't exist in its form without their labor, which is why they should have a seat at the table.

It's not one person, one vote, so it's not democracy. It's very explicitly plutocracy (rule by money) as the operating principle of voting power is one share, one vote.

Except there's also a bunch of companies with special dual class share structures, where the founder gets way more voting power than everyone else and you can't even buy your way in. A lot of tech companies do this. This is, functionally speaking, an autocracy.

If you want an actual corporate democracy you would need to assign voting rights to everyone working at the company, aka build a co-op. Co-ops are a great corporate structure in a lot of cases but you can't really raise capital that way because VCs all want on your cap table, so all the big companies wind up being plutocracies.

> Doesn't this just boil down to planned vs free market economy?

Not at all. Market vs planned economy is about how the economy is set up. Are there businesses that offer products that you can choose between? That's a market economy. You can have that with democratic governance of corporations. The workers can own the means of production and you can have a market economy.

You don't need ownership by idiot dictators with money to have a market.

Democracy in business would be worker co-ops or employee ownership schemes. It would still be fully market-based, not planned.

Is that a settled question? China isn't exactly struggling right now.

Regulation of corporations and the internal/external harms they do isn't communism.

That's a hilarious leap.

Maybe the next trial run of real communism won’t end with 145 million people dead.