• Kn1ghtDigital@lemmy.zip
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    14 hours ago

    Hot take: if your company needs a bailout it’s no longer a private company and belongs to people as a public service and is regulated as such.

    • MinnesotaGoddam@lemmy.world
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      5 hours ago

      bailouts ought to come as leverage either as a loan (at fed rates) or a capital investment. I agree! and then the company can either buy the government out or repay the loan. it strikes me as fair.

    • Sturgist@lemmy.ca
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      14 hours ago

      I mean… personally? I don’t feel like this is actually that much of a hot take. More of a verifiably good idea.

        • zikzak025@lemmy.world
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          13 hours ago

          And yet the “free” market can’t be trusted to correct itself and fill the gaps if we allow a giant megacorp to fall.

        • grue@lemmy.world
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          9 hours ago

          “Pay no attention to the [US government buying 10% of Intel] behind the curtain.”

      • kiterios@lemmy.world
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        9 hours ago

        The bailout is the government purchasing shares at about to go bankrupt prices. It’s a reasonable take that isn’t even really a change in the system.

        • Sturgist@lemmy.ca
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          8 hours ago

          See…that’s the kind of logic that gets people places!

          … unfortunately in the US the place it might get you is the gulag…