Earlier quoted context omitted.
That's why I am a fan of democracy, even in economic sphere (aka socialism or cooperatives). Giving everybody the same single vote (same power) about the organization (and making it into an unchangeable fact) removes lots of these incentives that prevent improving the organization. But lot of people are blindly accepting capitalism, because.. well it's incidentally also explained in the article, why.
It's interesting then how cooperatives aren't more popular or more successful. You'd think that if they were significantly more efficient than the typical dictatorship companies then they'd outcompete them, but as far as I'm aware that doesn't happen.
As a concrete example, Mondragon has been operating very successfully for ~70 years, but barely anyone from outside the region registers its existence.