4 ms·
Too big to fail and too much of it is state owned, either directly, or through government-owned retirement funds. The government will investigate itself and fi
by creshal 2y ago
Too big to fail and too much of it is state owned, either directly, or through government-owned retirement funds.
The government will investigate itself and find no wrongdoings, let's go after the journalists who committed the ultimate crime: Embarassing Officials.
- johnea 2y agoOh yea, that big gubmint is the one to blame! Never mind that it's a for-profit company that does the surveiling, and wrote the faulty IT structure. Neoliberal religion runs deep...
- davidrm 2y agosupervisory board of VW has 20 members, state of Lower Saxony appoints 2 (as a minority shareholder), workforce elects 7 among themselves, and 3 are trade union representatives also elected by the workforce. no one is denying it's a for profit company, but its governance model doesn't really scream "neoliberalism". assuming you're from the US, (German) enterprises like VW are vastly different from what exists in the US, not just in the terms of their structure but also their influence on Germany and EU.
- creshal 2y agoWay to miss the point. Governments giving semi-private companies blank cheques is the worst possible combination, because nobody's incentivised to care about laws in such constructs.