[unicornhose]

The argument is along the lines of John Rawl's theory of justice: I would prefer to work at a company where the culture is such that I feel comfortable joining it regardless of my place in the org structure. (Or at least -- the company where I would feel least uncomfortable doing so.)

A democracy would certainly give a company a huge advantage. I would take a significant pay cut for that. But it does have to produce tasty soup as well, and in order to exist at all, pay salaries.

I'll be candid in saying that I haven't found a company that meets my high expectations. :)