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Every company should be owned by its employees
(www.elysian.press)
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Governance, government and states are all different and nebulous within themselves. You can achieve governance models that better resist the consolidation of power while still operating towards the goal of the collective good. That alone does not denote nationalization, which is a particular form of statehood (often referred to as a sovereign state). Watershed governance is managed across existing levels of international, regional and local governing bodies, often with a high level of success to best ensure sufficient water is available for the communities within.
That seems like an awfully swell nice ideal there, the reality though is where I live and people like me live where local governments just sells your water to private corporations and now you don't have enough water.
Definitely not saying it works pervasively, lots of jurisdictions work as plutocracies and have vacated any sense of public good. That some jurisdictions suck doesn't nullify the possibilities of cooperation and public good being the foundations of good governance.
I'd say it does. Because it's not an aberration. That's how capitalism works. If a corporation can Corner the market on a natural resource and screw the people over it will. That's by Design. That's why I don't trust any situation in which private ownership can own a natural resource that people rely upon. It will happen every single time.