If companies were employee owned and operated you wouldn't need half the regulations and laws on the books that we do now. They would have been better served by creating more rights for all workers instead of this odd-ball stuff that ends up getting struck down and handing more power to corporate shadow characters.
So let me get this straight, you want me to give you money so that you can build and run a business, and you also want me to have no control over how that money is used, and for me to get no benefit from the whole thing?
Democracy means representing the will of the people. Do democratic processes produce better outcomes? Because the last 10 years of America would seem to indicate polling for the collective will is no promise of good outcomes.