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by ferguess_k 426 days ago
Ah, thanks for the link. I do hope that labor gets more share in the revenue. I kinda love the idea of "cooperative corporations" where shares are more or less evenly shared by the employees (there are ofc differences between different levels, and I'd imagine a large amount of stocks are "frozen"). I think it's going to be a lot harmonic for all employees (even the managers).
1 comments

Note the original paper by Baumol and Bowen:

"On the Performing Arts: The Anatomy of Their Economic Problems" (1965)

https://sci-hub.ru/https://www.jstor.org/stable/1816292

>It is largely for this reason that performing arts organizations in financial difficulty have often managed to shift part of their financial burden back to the performers--and to the managements, who also are generally very poorly paid by commercial standards.

Imho the paper continues to function after you patch it with your favorite calling, design-driven industry or organizational structure :)