this post was submitted on 22 Feb 2025
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Lets be realistic here, the reality is that most of the managerial staff including the C suite people don't have the skill set to make rational judgements on the working of the company either.
Oh but they have so much bootstraps! Bootstraps that would be the envy of anyone in the factory floor. They made their own bootstraps if I remember correctly, they learned that in private school for bootstraps!
And then when it gets big enough, all decisions get filtered through C-level, their hangers on, and a roughly "democratic" board. In the sense that multiple people vote on the best course of action, not that they represent the workers.
Oh, look, all of a sudden a diverse array of inputs is providing value. Weird.