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ManusJustus said:
I'll repeat what may have been missed from my edits:

Obviously, a private business in a market economy has more incentive than the government to make the better economic decisions, though I fail to see how a form of communism where workers owned the production (and elected a president to run the company) would cause them to make economic decisions different than that of a private business.

We already have multiple versions of that, its called a Corporation, and the vast majority of individuals within our economy have some ownership of companies and (theoritically) have some say in how they're run.