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   br00t4c (br00t4c@mastodon.social)'s status on Friday, 27-Sep-2024 20:24:18 JST br00t4c

   Should the Government Break Up Big Corporations or Buy Them?

   #corporations #nationalize

   https://www.thenation.com/article/economy/nationalize-corporations-anti-monopoly-debate/#respond

   • Embed this notice
     MugsysRapSheet 🔩🐑🐘 (mugsysrapsheet@mastodon.social)'s status on Friday, 27-Sep-2024 20:41:39 JST MugsysRapSheet 🔩🐑🐘

     in reply to

     @br00t4c
     "Should the Government Break Up Big Corporations or Buy Them?"

     Historically, governments are REALLY bad at running for-profit corporations.

     Innovation is stifled and growth is limited to avoid putting privately run competitors out of business.

     Breaking them up usually works better, though we need better anti-trust laws to keep those new "broken up corporations" from forming alliances that simply turn them into huge conglomerates.