this post was submitted on 07 Mar 2024
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Nah, since they're in the "too big to fail" category, nationalize them. Achieves the same outcome of removing the shareholders and board, without pouring money into a rich douchebag's pocket
It's a very natural way to identify which industries and companies should be nationalized. If it's too big to fail, it's too important to be privately (or publicly by investors) owned.
I don't know that the second part would succeed. I feel like it'd end up with the same contractor structure, but now the contractors are whoever's company bought the right senators.