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It's unconstitutional to nationalize a company without compensating shareholders at market rate. Your own link (Reuters) explains this in depth—you should first
by perihelions 3y ago
It's unconstitutional to nationalize a company without compensating shareholders at market rate. Your own link (Reuters) explains this in depth—you should first read that article which I think you've misunderstood.
- toomuchtodo 3y agoWhat is the value of an enterprise that cannot sell airplanes due to buyer sentiment and regulatory refusal? I argue it is closer to $0 than you might think. Determine a desired outcome, and then engineer it within constraints (hard vs mutable limits, and where interpretation provides latitude). Edit: Book value is reasonable compensation to nationalize. "Closer to $0", not $0.
- deleted 3y ago[deleted]
- deleted 3y ago[deleted]
- jcranmer 3y ago> What is the value of an enterprise that cannot sell airplanes due to buyer sentiment and regulatory refusal? I argue it is closer to $0 than you might think. There is a lot of residual value in the physical plant of the enterprise--the real estate it owns, the machines it owns, the resources it has in inventory. Actually, there's a name for this value: book value.