Management should be considered a part of labor in this regard. Intellectual labor is labor and a situation in which management is beholden to those they lead but seen as part of it is where I’d consider ideal. It could be a situation like union stewards where they’re elected from the rank and file or a situation where they seek out someone with the specific skills they’re looking for in the same way they might hire a maintenance worker.

I do think there’s room for a limited reward for entrepreneurial and investment costs, but the idea that they have control in perpetuity is where I have issues. I think a situation where they’re automatically bought out for a reasonable return on investment given the risk is fair enough. Though I worry it will perpetuate the issue of wealth begetting wealth