Earlier quoted context omitted.
> I know that sounds harsh, but we seriously need to stop the hero worship in SV culture and begin building a society that benefits everyone, not a society that works itself to the bone just to eat the cake of a larger corporation and enrich the early investors. This sort of oligarchy is probably emergent from the way we structure our economy on a base level. What factors incentivize corporations to form into pyramid…
> What factors incentivize corporations to form into pyramids, with most of the wealth accruing on top? Most people are incapable of managing high-level responsibilities. Those on the lower rungs assign/relinquish (depending on how you look at it) their responsibilities, and the fruits they bear, to those they perceive more capable than them. So now instead of having a smooth slope of compensation, it's top-heavy. In…
I agree that centralized leadership tends to produce better products, but I don't think a more democratic company would necessarily have to put every decision to vote. Hierarchies could still emerge and responsibility could still be delegated. (Again, see Valve.) But I think distributing power, reward, and responsibility more equally throughout the company would be massively beneficial in terms of "social good".