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According to NNT, there is. He claims that if a company doesn't want state intervention then it should not ask for bailouts when things start to go wrong. And,
by mr90210 2y ago
According to NNT, there is. He claims that if a company doesn't want state intervention then it should not ask for bailouts when things start to go wrong. And, should they want or need to be bailed out, then it's the state who determines how much all employees from such a company can make in compensation. So, no more executives making $30M/year despite terrible years such as those Boeing has had.
- carlmr 2y agoThat's a good idea. Another idea I've had is that the state could become an investor in that company. In shark tank if you want money you usually sell a stake in your company. If a company needs a bailout. The executives would lose their stocks and give them to the state in exchange for bailout money. If the company then starts to be successful again later the state gets money back by having a portion of the company.