return2ozma@lemmy.world to politics @lemmy.world · 1 day agoOcasio-Cortez Says ‘We Should Not Be Entertaining a Bailout’ of AI Industry as Bubble Fears Growwww.commondreams.orgexternal-linkmessage-square46fedilinkarrow-up1452arrow-down11
arrow-up1451arrow-down1external-linkOcasio-Cortez Says ‘We Should Not Be Entertaining a Bailout’ of AI Industry as Bubble Fears Growwww.commondreams.orgreturn2ozma@lemmy.world to politics @lemmy.world · 1 day agomessage-square46fedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up4·1 day agoThere’s got to be some way we can opt out of our money being used for bailouts.
minus-squaregreyfox@lemmy.worldlinkfedilinkEnglisharrow-up13·24 hours agoI think the better solution is if the company is so important that it needs to be bailed out, then should just get nationalized when it fails. Our money goes towards bailing them out, but the public owns it after that. The shareholders that ran it into the ground shouldn’t get to keep it.
minus-squareilinamorato@lemmy.worldlinkfedilinkarrow-up3·10 hours agoYep, agreed. If that specific company is so critical that we as a society can’t operate without its survival, it should be a government function anyway.
There’s got to be some way we can opt out of our money being used for bailouts.
We can’t even opt out of genocide.
I think the better solution is if the company is so important that it needs to be bailed out, then should just get nationalized when it fails.
Our money goes towards bailing them out, but the public owns it after that. The shareholders that ran it into the ground shouldn’t get to keep it.
Yep, agreed. If that specific company is so critical that we as a society can’t operate without its survival, it should be a government function anyway.