[alexandros]

Try to start a democratic company (or run a thought experiment about doing so) and you will probably find the reasons why democracy works better as a way to manage a society than a single company.

[dsego]

It's not like it's unheard of, but it doesn't fill the pockets of the selected elite.

There are worker cooperatives: https://en.wikipedia.org/wiki/Worker_cooperative

Workers' self management: https://en.wikipedia.org/wiki/Workers%27_self-management

And serious economists who advocate for such a system: https://en.wikipedia.org/wiki/Branko_Horvat

[ryandvm]

We did. And though I am not sure it would work for every line of work, so far it has been extremely successful for us.

https://www.fountstudio.com/blog/yes-we-have-a-pirate-code-1...

[sievebrain]

It does happen. Both the largest supermarket chains in Switzerland are cooperatives.

However, small competing firms in a market where people vote with their wallets is already pretty democratic. The voting takes place at a different level - people choose companies rather than leaders or direct policies, but it works well enough.