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Ignoring the many other reasons why that would be problematic, what happens when the US government suddenly owns notable (or even controlling) stakes in compani
by jmb99 2y ago
Ignoring the many other reasons why that would be problematic, what happens when the US government suddenly owns notable (or even controlling) stakes in companies?
- x-complexity 2y ago> what happens when the US government suddenly owns notable (or even controlling) stakes in companies? This is effectively similar to nationalization, along with the pros and cons that come with it.
- gunapologist99 2y agoI'd love to see a list of pros. There are no pros. It's effectively death to competitors and actually extremely damaging to the companies themselves as well.
- donmcronald 2y agoMake those shares non-voting,
- Nasrudith 2y agoYou would effectively have corruption. Governments would be more reluctant to take actions which could be negative when they have direct ownership vs their normal "indirect ownership" via taxation.