Varoufakis worked for a real company in Washington state (2011-2012) with 350 employees and $1.2 billion annual revenue that operated successfully with complete flat management, worker voting on business plans via revenue-sharing formula, and bonus allocation via Eurovision-style peer voting system, proving worker-owned market systems can scale

factualpending

Speaker

Yanis Varoufakis

Evidence Quote

the company i'm referring to had 350 employees and 1.2 billion dollars of revenue a year and it worked really very well with complete flat management [30:07]

Source

Can we Fix Capitalism? Yanis Varoufakis vs Gillian TettIntelligence Squared
Created: 8/12/2026, 10:33:04 PM

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