Well, "the ownership of capital", in a lot of public companies, is basically an absentee landlord. So it's not entirely about ownership, but rather about management. You can have cooperatives that are de-facto feudal/tyrannical structures, and private companies that are de-facto democracies.
Well, "the ownership of capital", in a lot of public companies, is basically an absentee landlord. So it's not entirely about ownership, but rather about management. You can have cooperatives that are de-facto feudal/tyrannical structures, and private companies that are de-facto democracies.