Well, yes and no. After spending few years thinking about this problem on and off, I'd characterize this as one more example of tragedy of commons.¹
When the people of the Commons lose community, there's an opening for the executive to work without supervision for their own short-term benefit, which is nigh always opposed to the interest of the commons.
As long as you don't outright sink the ship, you're safe.
½
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¹ The current dictionary definition. Not the original one.
@roadblock161_
2/2
It doesn't really matter are we talking of coöps, large stock companies with heavily distributed ownership, political parties that have become the status quo, or nonprofits:
At certain point there's no longer oversight, or loyal opposition beta testing ideas. Instead you get these professional administrators who are "just working there" and don't really care how their work relates to the non-stated goals and values of the community.