Earlier quoted context omitted.
For a "corporate death penalty" why would the state need to concern itself with the notion of shareholders to begin with? Loss of stake would merely be a part of the penalty. There's certainly precedent outside of the US for nationalization of corporate resources.
> There's certainly precedent outside of the US for nationalization of corporate resources You can’t just take shareholders’ stuff because you don’t like what management did. More directly, protecting property rights is a cornerstone to our multi-century economic success.
> You can’t just take shareholders’ stuff because you don’t like what management did.
Isn’t that what a fine or property seizure does?