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by Apocryphon 1464 days ago
Even if you believe companies should not be democracies, and should be autocracies, what if there's incompetent autocrats at the top who are objectively hurting the company? Should the average employee rollover and pray that the board raises a fuss? What if management holds the majority shares?

It is completely baffling that people who otherwise decry the government as a pack of dictatorial bureaucrats turn a blind eye when corporations internally act the same way, complete with lavish amounts of wasteful spending.

1 comments

It’s really easy to leave a company If you become disheartened or don’t agree with their direction. It’s virtually impossible to leave your country.
Sure, it's easy unless:

* You are dependent on your employer for your work visa; * You are dependent on your employer for your health insurance (US-specific problem); * You have don't have much experience in industry and thus will not easily be able to find a similar job; * You don't have enough savings to be able to be unemployed for a period of time while you find another job (doubly so if you have dependents or you have a non-compete agreement which would make you unemployable for a significant amount of time); * You have a criminal record that makes hiring far more difficult; or * There are few competitors in the space where you have expertise (or the few competitors you do have wouldn't hire you for one reason or another).

There is a very large number of people which would fall under at least one of the above points.

They are good points.

But unions also risk making it harder for these people to find jobs in the first place.

Yeah, yeah, the right of exit and all that. But that's still overlooking that companies, especially the most successful ones, start to resemble the exact same kind of institutions that those who are the most pro-private sector decry.