I’m not agreeing with it but if it were socialism we would at least have public ownership of the bailed out company. Any bailout would just be corporate welfare with little return
The bailout should transfer ownership to the public. Employees and (sane) products/services can stay, the idiots who tanked the company can shuffle off.
I’m not agreeing with it but if it were socialism we would at least have public ownership of the bailed out company. Any bailout would just be corporate welfare with little return
The bailout should transfer ownership to the public. Employees and (sane) products/services can stay, the idiots who tanked the company can shuffle off.