Under a different arrangement, a form of worker-elected committee could run the company just fine.
The term for a worker's committee in the Russian language is "Soviet". It's been tried. It almost broke the nascent Soviet Union in a single year until Lenin put a stop to it.
Butt Giggitygiggitygoo is a red diaper doper
baby from his Notre Dame, commie Prof Dad.
https://en.wikipedia.org/wiki/Joseph_Buttigieg