Ownership and who is in charge are orthogonal in this regard. Even if everyone has equal shares in a factory, they are going to vote for what's best for the factory and it's going to piss the workers off that have the worst jobs.
That precisely illustrates my point. See also, Agile as it is currently practiced in many companies. Politics, in any form, is a very rough game.
It's nasty because everyone is sublimating the frustration of their autonomy. Their accumulated resentment inspires an "I'll get my turn" narrative. Eventually it's up or out. If it's up then their narrative crystalizes around an identity which is responsible for the output of their unit. They go into fearless commander mode. AKA: narcissism. Ownership sees them as obsequiously adaptable. Fuck the details. They have the best people. Trust them. Then they extract the costs from those beneath them. They just have to work 1% harder than their unit. Meanwhile work-ethic is attributed to character and not compensation. Thus, under-compensated workers can be shamed into over-working. This completes the cycle with another wave of narcissists and (d)ejected losers. Ownership promotes this because they've decided that labor is otherwise fundamentally unmotivated. They don't care about the externalities.