The economic system has to serve the people, not vice versa. At least this has been the resolution of any liberal and free market apologist. Over the neo-liberal age of the past 2 decades we have left behind this principle, with every new speculation bubble, for good.
Only utopists believe that one can change underlying priorities of the management of a company by allowing employees to participate in a democratic way in the key decisions of a company, because as long as the owners concentrate the economic power in their hands they will always dominate the management and use their funds to always get their way, if not legally, then illegally by bribing the worker’s representatives the latter for which there are countless examples to be found in history.
For more: The heir apparent - New Europe
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