Comment

Comment by troad

> People love to talk about how capitalism (or free market) solves the tragedy of the commons, but it actually doesn't. The only way to solve it is to make people care about commons by giving them a say in managing it, i.e. socialism.

There do exist worker-managed companies under capitalism, they consistently underperform. There also exist (and have existed) worker-managed companies under various forms of socialism, those were an utter disaster (for the workers themselves, for the environment, for business productivity, for overall societal welfare, for human dignity, the list goes on).

> How can you have "drive to win" if you are just an employee of a company, and have no stake in it?

Bonuses, raises, equity.

parent troad 2 years ago

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton