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by davidrm 539 days ago
supervisory board of VW has 20 members, state of Lower Saxony appoints 2 (as a minority shareholder), workforce elects 7 among themselves, and 3 are trade union representatives also elected by the workforce.

no one is denying it's a for profit company, but its governance model doesn't really scream "neoliberalism". assuming you're from the US, (German) enterprises like VW are vastly different from what exists in the US, not just in the terms of their structure but also their influence on Germany and EU.