That fantasy depends entirely on the unionization having no blow-backs. A union that has to approve all business decisions going forward could very easily accelerate Google’s loss of relevancy and eliminate or reverse Google’s stock growth (which is the majority of an engineer’s comp).
On the flip side, this nightmare scenario is also currently a fantasy in an industry that has had minimal union activity, in a country where union power has been slipping for decades. This is slippery slope catastrophizing.
Well there has never been an example of a democratically run company that makes good decisions so far.
It’s a classic principal agent problem. You want to take the voting power away from those with the financial stake and expect the people without a financial mistake to make good business decisions.
What is your standard for "good decisions"? Is your standard maximum profit and growth? In that case, sure. Is your standard general customer and employee satisfaction, along with stability? In that case, no.
I'd say the second criteria is infinitely more useful, and empirically it works. The most stable bank in North America is democratically run by both customers and employees, I'm a very happy customer, and I know of many happy employees.
