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>> California should exercise their eminent domain powers and purchase it for what it's worth. > Don’t encourage heavy handedness by the government, instead pu
by 394549 8y ago
>> California should exercise their eminent domain powers and purchase it for what it's worth.
> Don’t encourage heavy handedness by the government, instead push for a better system of checks and balances.
That's not heavy handedness, it's calling a hyper-rich entity on its greedy, obvious bullshit. It'd be a welcome lesson to all to all such organizations.
I'd also say such eminent domain actions would be a reasonable part of checks and balances: no one would under-represent the value of their property, at least not as much as Apple has, if they invited that kind of risk.
- thucydidesofusa 8y ago>That's not heavy handedness, it's calling a hyper-rich entity on its greedy, obvious bullshit. It's using naked force to humiliate someone doing something that government should impartially respect - making an argument for the court to consider. >I'd also say such eminent domain actions would be a reasonable part of checks and balances: no one would under-represent the value of their property, at least not as much as Apple has, if they invited that kind of risk. There's actually a very interesting idea in economics to create social welfare from this line of thinking: http://radicalmarkets.com/chapters/property-is-monopoly/ http://radicalmarkets.com/chapters/property-is-monopoly/