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It only works when the tax payers get voting shares in the for-profit businesses. This is the China model, except it is the government that owns the companies.
by rms 18y ago
It only works when the tax payers get voting shares in the for-profit businesses. This is the China model, except it is the government that owns the companies. And they've owned shares in the companies before the companies go bankrupt.
What would happen if US tax payers actually had voting shares of companies, starting with GM? Obviously there would be a very low turn out rate, but taxpowers could vote if they were sufficiently marketed to.