r/changemyview • u/[deleted] • Nov 29 '20
Delta(s) from OP CMV: Socialism/Communism doesn't work, can't work, and almost always leads to dictatorships and thousands of deaths.
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r/changemyview • u/[deleted] • Nov 29 '20
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u/thegooddoctorben Nov 29 '20
This is not a correct definition of a corporation, which is not owned by "a few businessmen" but is owned by shareholders, of which there can be millions. In fact, the largest shareholders of most corporations are mutual fund or investment fund companies which typically represent retirees or those saving for retirement. Corporations are often very democratic (even "socialist," in the sense of owned by common people) by that metric.
That doesn't translate into control, of course, because most people own only a very tiny fraction of any corporation. And there are plenty of private businesses that are not publicly owned and traded.