Emma_Gold_Man

@Emma_Gold_Man@lemmy.dbzer0.com

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⁨Comment⁩ on ⁨Imagine if Amazon and all jobs out there were cooperatively owned?⁩ ⁨⁨22⁩ ⁨hours⁩ ago⁩:
Except that shareholders vote on the board of directors, who make decisions like hiring and firimg the CEO, executive compensation, and overruling executive decisions. It’s two levels of indirection, but in the end the shareholders DO control the means of production.

There are exceptions to this when thete are multiple classes of shares - one voting and one nonvoting for example. This doesn’t apply in Amazon’s case that I can see.