• @[email protected]
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    16 months ago

    yes that would be awesome, but the problem is that “make it publicly owned” means “buy out their shares” which is giving them a bailout, plus “service all the debt the company is in” which is another bailout, before you’ve even got started with fixing the horrible lack of investment over many years

    • @[email protected]
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      26 months ago

      Buying the shares is cheap if the company is worth nothing /goes bankrupt from fines for their environmental breaches

    • @[email protected]
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      26 months ago

      but the problem is that “make it publicly owned” means “buy out their shares” which is giving them a bailout

      The shares would be almost worthless.

      plus “service all the debt the company is in” which is another bailout

      Nope, the company would be wound up.