h3lblad3 t1_j58cosn wrote on January 21, 2023 at 2:51 AM

Reply to comment by Tomycj in How close are we to singularity? Data from MT says very close! by sigul77

There's an argument to be had about ensuring that wealth producers (ie working people) be compensated equivalent to their participation, but more than that, a business has its own internal politics, and if we accept that any government should be democratic then it leaves open the question of "does a business ever govern its own affairs and actions" and therefore "should the business, as a minor sort of government, itself be democratized".

Tomycj t1_j58p0ws wrote on January 21, 2023 at 4:37 AM

Democracy doesn't mean "everyone shall vote on everything". Voting is restricted to a specific series of things or a certain nature. How to run a private business is not one of them.

There are fundamental differences between a company and a government, one can't just say "a company is sort of like a small government".

Nevertheless, in capitalism people are free to create businesses run by "democratic" vote of its members. Usually that doesn't happen simply because for most scenarios such a system turns out to be less efficient, meaning other companies are better at satisfying the consumer.

h3lblad3 t1_j592qde wrote on January 21, 2023 at 7:05 AM

> Nevertheless, in capitalism people are free to create businesses run by "democratic" vote of its members.

Much the same way that you're free to go start your own "democratic" country.

Tomycj t1_j59gxl8 wrote on January 21, 2023 at 10:17 AM

No, not really. Starting a company is easier than starting a country.