Finally got to read the introduction to this book that I’ve had on my shelf for months. (Check it out Amazon.com.) Makes a very strong case for shareholder-controlled corporations, as they are structured now, being much more aristocratic than democratic. Combine this with Chomsky’s view (whose gist is, though we may have a democratic government, we have a purely fascist structure in our businesses, with top-down control, employees are just “human resources,” etc.), and you start to see why letting corporations run the show isn’t such a great idea.
By the way, if you haven’t, please, please, please see: The Corporation.