For the last 15 years I’ve been telling anyone who would listen about my idea for a John Lewis (British retail chain) model IT consultancy- employee owned, everyone is motivated, high quality, etc.

Except last month I met someone who worked there and got TUPE (involuntary contractual transfer of employment) to Wipro (Indian outsourcerer) a few years ago.

So even though this corporation is owned by the employees, and is one of the best examples of this in the UK, it seems you also need some kind of management structure that is also immune to the usual senior leadership trolls to avoid it turning out to be shitty.

Have you look at how efficient your local government is?

No, this never works... The socialism glaze on HN amazes me...

I am Swedish, in Sweden, and we are a market economy combined with unions. Companies can do layoffs but for a 3month agreement, they have to notify basically, WARN.

You'll also be less exposed in privately owned companies.

these corporations would never work because they would optimise for the wrong thing - they would get their face eaten by other more efficient and ruthless corporations