Is someone with the power to grant promotions or dock pay not a representative of the owner, who has all those powers? Sure if the workers all own shares then they are also owners, but hiring and firing are actions performed by owners or their representatives. Workers perform labor.
In Capitalism, we refer to the managerial class as Labor Aristocrats, they often side with Capitalists to keep their lifestyle but are ultimately still laborers and not owners.
In Socialism, a democratically accountable manager or HR representative is just that, democratically accountable. Even though they are involved in managing, if they do a bad job, the Workers can oust them, or even do away with the position entirely.
Is someone with the power to grant promotions or dock pay not a representative of the owner, who has all those powers? Sure if the workers all own shares then they are also owners, but hiring and firing are actions performed by owners or their representatives. Workers perform labor.
You’re off.
In Capitalism, we refer to the managerial class as Labor Aristocrats, they often side with Capitalists to keep their lifestyle but are ultimately still laborers and not owners.
In Socialism, a democratically accountable manager or HR representative is just that, democratically accountable. Even though they are involved in managing, if they do a bad job, the Workers can oust them, or even do away with the position entirely.
Ownership entirely changes the power imbalance.