Likeliness of worker-directed enterprise making selfish decisions?

I absolutely agree that the most efficient and ethical way to structure an organization with the well being of the many, rather than the few, in mind would be worker-owned and directed. However, this does not necessarily exclude them from making decisions that would benefit themselves contrary to the well being of society. One obvious example would be a company in the oil and gas industry making decisions that further the effects of climate change. This, then, would seem to be a political question left to a participatory democracy (a real one!). I think that is perfectly reasonable, but I am curious if you believe this scenario is one of any real concern. Are most decisions made by capitalist owners of such a nature which would never happen under a worker-directed structure? Or, would it be reasonable to assume some of those decisions will still be made, but could be addressed (maybe solely) legislatively.

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  • Maria Carnemolla-Mania
    responded with submitted 2018-01-30 12:06:34 -0500
  • Kyle Warner
    published this page in Ask Prof. Wolff 2018-01-03 13:06:05 -0500