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No, most of the important decisions are made by professional managers.
Exactly! There is no law or regulation preventing workers from forming their own cooperative companies. Where are they? If this is the answer we should be swimming in them. Socialists want their workers utopia and use Mondragon (which has been around for decades and is obviously successful) to promote this agenda. Since companies like this aren't the norm they will seek to create them by force. As always, the 'I know better than you and will make choices on your behalf' mindset is at work.
There is a reason everyone isn't an entrepreneur. Some are born with this skill set, others can learn these skills over time. The truth is that most companies are started by WORKERS! They gain experience in the work force, save their money, and start new ventures because they believe they can exploit the weaknesses of their former employer or competitors, and be successful.
Another truth is that most company decisions ARE made by workers! They're called managers.
. Did either of you stop to think that what you are saying is what our institutions teach us about capitalism.
. Did either of you stop to think that what you are saying is what our institutions teach us about capitalism.
too stupid our institutions are liberal/communist and vilify capitalism.
This type of business is being created on the fly by industrious people who have been screwed by the system being taught.
Oh, really? I didn't know we were living in a communist regime.
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Although productivity has soared, real wages have been stagnate since about 1980 – the first time this has happened in our history.
Well TC, you and Edward seem to be enjoying your comments. Did either of you stop to think that what you are saying is what our institutions teach us about capitalism. I am not aware of any university that teaches the concepts for employee owned and run businesses. How can we be “swimming in them” if nobody has been trained in this? This type of business is being created on the fly by industrious people who have been screwed by the system being taught. So, they are proving it can be done differently – without the dictator concept.
And by the way, who is forcing who to convert to employee owned and run businesses. This usually happens when current dictatorial management decides to close shop and put everyone out of work. Also, every person has ideas, some better, some worse. But the average person is not trained in how to implement their ideas. It's all a matter of education. If we were all trained on how to bring ideas to fruition, employee owned and run companies would be a lot more common.
During the manufacturing process, workers do observe problems with the processes and become aware how the process can be improved. And although an improvement in process would produce a better product, often the idea is rejected by upper management because it would reduce profits. So, the public gets sold an inferior product, sometimes dangerously so as we have seen in recent auto recalls. Employee run companies would not do this, and would likely give the worker with the idea a bonus.
Although productivity has soared, real wages have been stagnate since about 1980 – the first time this has happened in our history.
Because they were not trained for it!This type of business is being created on the fly by industrious people who have been screwed by the system being taught.
too stupid and liberal by 10,00000%. 10,000 businesses a month go bankrupt. That's 10,000 opportunities a month for workers to buy and/or manage businesses. THey don't in a free country do it because they don't have the money or expertise.
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Although productivity has soared, real wages have been stagnate since about 1980 – the first time this has happened in our history.
because liberals drove 40 million jobs off shore. Do you understand??
This is welcome departure from the one-sentence attack responses that occur all too often here. No argument here that our institutions don't teach this concept, but there are a whole range of concepts our institutions don't teach, and far too many of the ones they do teach are chock full of distortions and agenda driven nonsense, but that is a discussion for another day.
Just because the concept isn't taught doesn't mean people can't arrive at the idea themselves. Entrepreneurs do this all the time. If this concept was successful as a business model people would notice and imitate these companies. So far, this has not occurred. I'm not saying ii can't work, but it has EVERYTHING to do with the people involved. This is true for traditional businesses as well, short-sightedness, poor leadership, and poor decision making are common and would occur in employee owned businesses as well.
Anyone who as ever attended a meeting in the corporate world can attest to the amount of time wasted on minutia. squabbling, and turf wars. This has more to do with human nature than business models. I'm certainly glad these were not democratic meetings because nothing would have been accomplished, and strongest personality would most likely win. Odds are good that this would be the bully in the room.
And by the way, who is forcing who to convert to employee owned and run businesses. This usually happens when current dictatorial management decides to close shop and put everyone out of work. Also, every person has ideas, some better, some worse. But the average person is not trained in how to implement their ideas. It's all a matter of education. If we were all trained on how to bring ideas to fruition, employee owned and run companies would be a lot more common.
This is the canard that education fixes everything. All men are created equal in rights, but all men are not equal. Some simply do not have the skill set to do this. Some people have no interest in learning, or improving themselves. Others have little interest in being productive, proactive, or a team player. To deny this is silly. You encounter people like this all of the time, whether they be family, co-workers, employees, or someone on the street.
During the manufacturing process, workers do observe problems with the processes and become aware how the process can be improved. And although an improvement in process would produce a better product, often the idea is rejected by upper management because it would reduce profits. So, the public gets sold an inferior product, sometimes dangerously so as we have seen in recent auto recalls. Employee run companies would not do this, and would likely give the worker with the idea a bonus.
Yes they do, I've seen it first hand. This is about good management and leadership. If you have it, these ideas are implemented, if not, they won't, regardless of the business model. Being a good manager is LESS about being in charge and more about being a facilitator. If you don't give a crap about about your employees or their ideas you will have some very unhappy folks and you will fail. Education *may* have helped prevent me from falling flat on my face the first 3 times I was in a management position, but I doubt it. I learned form the practical experience of making the mistakes and thinking about them. In a corporate democracy you are more likely to have a cabal of forceful personalities that rule the day to detriment of everyone else. Again, I'm not saying it can't work, but the examples are few and far between.
Although productivity has soared, real wages have been stagnate since about 1980 – the first time this has happened in our history.
No doubt, but this has very little to do with business models and far more to do with monetary policy.Real Median Household Income has been heading south since the nation’s credit market debt to national income ratio came off its historical average of 150% in the late 1970’s and steadily climbed until it reached the 350% zone.
Both major parties are to blame for NAFTA and these other trade agreements. ?
In the standard model, examples are plentiful of management deciding against better quality in favor of higher profits. .
Both major parties are to blame for NAFTA and these other trade agreements. ?
dear, without free trade we'd all die struggling to make everything ourselves. Do you understand this simple concept??
In the standard model, examples are plentiful of management deciding against better quality in favor of higher profits. .
100% stupid and liberal as always. The pure beauty of Republican capitalism is that if one company decides against quality its competitor can decide for quality and drive his competitor into bankruptcy.
Simple enough for even a liberal to understand??
The method corporations have chosen is not to make a better product, but to merge with the competitor to kill competition - antitrust action that used to be illegal.
Both major parties are to blame for NAFTA and these other trade agreements. ?
dear, without free trade we'd all die struggling to make everything ourselves. Do you understand this simple concept??
We Americans used to make everything ourselves. That's how America became great. But now ...
These free trade agreements are more about freeing corporations from having to comply with a nations laws and making it impossible for us to enforce them. This is all about corporate dictatorial power.
Do you get it yet?
In the standard model, examples are plentiful of management deciding against better quality in favor of higher profits. .
100% stupid and liberal as always. The pure beauty of Republican capitalism is that if one company decides against quality its competitor can decide for quality and drive his competitor into bankruptcy.
Simple enough for even a liberal to understand??
The method corporations have chosen is not to make a better product, but to merge with the competitor to kill competition - antitrust action that used to be illegal. This is action to build monopolies. Hostile takeovers has become the law of the land. And there are many other unscrupulous techniques that are being used. Combined with the misnamed free trade agreements, corporations become world powers.
Do you get it yet?
