1094
Government money (lemmy.zip)
submitted 2 years ago by balderdash9@lemmy.zip to c/memes@lemmy.world
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[-] Saurok@lemm.ee 8 points 2 years ago

Not much of a "punishment" to the business to have socialized losses. Oh you've mismanaged your ginormous business and it's going to cause a huge, negative ripple effect on the economy and impact everyone else? Here's some free money, courtesy of working class taxpayers! Also we're going to break you up and place no restrictions on how big you can get so that one of your smaller entities can inevitably get enough market share to be in a position to do the same thing a decade later! Huh? Punishment? Oh... Uh... Don't do that again please, Mr. Business, sir 🥺

[-] trafficnab@lemmy.ca 5 points 2 years ago* (last edited 2 years ago)

Hard to effectively punish entities that feel no pain and are otherwise basically immortal

Best we can really do is mow the grass periodically (which the US gov has been failing to do for a LONG time now, although we're starting to see anti-trust rumblings in the tech industry now thankfully)

[-] Saurok@lemm.ee 3 points 2 years ago

It's not the best we can do, though. The best we could do would be for workers to own the means of production.

[-] trafficnab@lemmy.ca 1 points 2 years ago

The best we can realistically do in our current time and place, then

[-] Twelve20two@slrpnk.net 3 points 2 years ago

Nah, we could definitely start taking back business thru unions and co-ops

this post was submitted on 05 Jan 2024
1094 points (96.0% liked)

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