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To be consistent you'd have to be opposed to venture capital shutting down and selling off companies as well. To be fully consistent you'd have to be opposed t
by anonymouskimmer 4y ago
To be consistent you'd have to be opposed to venture capital shutting down and selling off companies as well.
To be fully consistent you'd have to be opposed to firings and layoffs in general (except as the result of a commission of a crime by the person so fired).
I'd be happy with a corporate death penalty that resulted in the stockholders being wiped out, the executives (and possibly board) being fired and barred from the industry, and executive control of the company being taken over by someone like John J. Ray III. This would allow either a restructuring of the company or gradually winding it down in such a way that the non-executive employees and bondholders aren't screwed over.