> whereas it makes me wonder what more democratic, free market companies would be like.
There are a few small examples that come to mind (co-ops and communes mostly), but I can’t think of any that have been successful at scale. Running an internal market would be almost pure overhead, so if it worked it would really have to be efficient to be worthwhile.
I understand that line of thinking and honestly think it's possible you're correct. On the other hand, this is exactly historical rhetoric that was used against republicanism/democracy, with people saying the only successful examples were city states and that it was impossible to scale. Maybe we just need a corporate "America" that figures out the correct governing structure. If anything I think it's possible it might only be possible with extremely large firms while small firms stay autocratic to stay dynamic.