• Zacpod@lemmy.world
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    2 months ago

    This is the way. Bail them out when they tank, but do so with a 51% (pr more!) stock purchase by the gov on behalf of the people/society. Force a new board. Fix the company. If they’re ever profitable again they’re free to buy their stock back from the gov at the market price. I’m not usually a capitalist, but an /actual/ capitalist bailout seems like a good way to fix the rot in this case.