• lurch (he/him)@sh.itjust.works
    link
    fedilink
    arrow-up
    32
    ·
    13 hours ago

    It’d be complicated to extract this from companies they own without destroying the companies. It could maybe work by force emmiting stock and the payments for it going directly to the government, so the company doesn’t owe debt. The stock price will drop, so it will be affordable for workers to buy it and the former owner would basically be disowned at least partially.

      • lurch (he/him)@sh.itjust.works
        link
        fedilink
        arrow-up
        1
        ·
        34 minutes ago

        if the government gives them for free, it won’t get the billlionaire money to solve the issues the OP mentioned. it could give the emlpoyees cheap stock options tho

      • lurch (he/him)@sh.itjust.works
        link
        fedilink
        arrow-up
        1
        ·
        31 minutes ago

        you mean like tesla? if the government dismantled it to use the profits to solve world hunger it creates two more problems:

        • employees losing their jobs
        • one less electric car manufacturer
        • guy@piefed.social
          link
          fedilink
          English
          arrow-up
          2
          ·
          24 minutes ago

          Employees with experience of electric car manufacturing now with the opportunity to work at the other electric car manufacturers that will step up to fill the gap left by Tesla?

          Or just taking a job helping eradicate world hunger

    • LinkOpensChest.wavOPM
      link
      fedilink
      arrow-up
      19
      ·
      12 hours ago

      It’d be complicated to extract this from companies they own without destroying the companies

      In that case, let’s do it and destroy the companies at the same time. Two birds with one stone.

      • lurch (he/him)@sh.itjust.works
        link
        fedilink
        arrow-up
        1
        ·
        30 minutes ago

        you mean like tesla? if the government dismantled it to use the profits to solve world hunger it creates two more problems:

        • employees losing their jobs
        • one less electric car manufacturer
    • kmaismith@lemm.ee
      link
      fedilink
      arrow-up
      11
      ·
      12 hours ago

      I mean, we’re talking about taking the wealth and distributing it for more constructive purposes, if it doesn’t demolish a handful of fortune 500s in the process we’ve made a mistake. Those fortunes would then be able to be used to take all the workers pointlessly generating wealth for the billionaire class and start working on socially useful ventures

      • MDCCCLV@lemmy.ca
        link
        fedilink
        English
        arrow-up
        1
        ·
        10 hours ago

        It depends, in theory Amazon should be more efficient but that only works if you close most of the brick and mortar stores and replace it with housing or something useful.