If the profits of the company were predominantly distributed to the workers-as-owners then they probably won’t be mandating 5% year-on-year profit growth or chasing an ever growing share price.
They could, but it’d be themselves they’ll be exploiting.
Where there is an “out of sight out of mind” separation between the owners (shareholders, board, CxO’s) and workers then exploitation is invisible and the money is the only important aspect.
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I learned what cowards Americand are when it was admitted that the Iraq War was started on lies and everyone just shrugged and went about their day.
What’s the alternative? Price control by state?
Get corporate money out of politics, bust up monopolies/oligopolies, implement better regulations that hold executives/board members personally liable
Seize the means of production!
More seriously though, follow the money.
If the profits of the company were predominantly distributed to the workers-as-owners then they probably won’t be mandating 5% year-on-year profit growth or chasing an ever growing share price.
They could, but it’d be themselves they’ll be exploiting.
Where there is an “out of sight out of mind” separation between the owners (shareholders, board, CxO’s) and workers then exploitation is invisible and the money is the only important aspect.