@shauna
> they do not have collective ownership by the workers and users, and without that, nothing stops private equity from destroying all the beautiful things they *do* have

Agreed. Same is true in reverse.

As John Abrams says in his book Companies We Keep, giving workers ownership without democratic management is like selling someone a car without giving them the keys;

https://yewtu.be/watch?v=tcAx4vKfr2A

#Cooperatives #WorkerOwnership #JohnAbrams #CompaniesWeKeep

@ntnsndr
> Can shared governance be meaningful in a for-profit corp w/o shared ownership?

Great question. In his book 'Companies We Keep', John Abrams described this as selling someone a car but keeping the keys ;)

#JohnAbrams #CompaniesWeKeep