Earlier quoted context omitted.
> With ownership, the government also then has the ability to 'peer behind the veil' more easily and make sure management is behaving You want every politician you don’t like in the country having this power? > if a company continues to misbehave the government over time takes ownership and can then replace the board This is expropriation. (It’s also fines with extra steps and ongoing costs.) > think a corporate equi…
> You want every politician you don’t like in the country having this power? What an interesting question. I personally feel like this line of thinking is a microcosm of how terrible the US frame of mind is right now. Mostly though, you like some of them??
Yes, the ones who understand why betting on benevolent dictators is a losing strategy in the long run.