The Public Really Can Own Everything
Choose one of these to see this page:
- https://www.jacobinmag.com/2018/12/public-ownership-paul-krugman-social-wealth-fund or search for this URL in the Internet Archive.
The genius of modern finance has been to create corporate ownership arrangements that allow basically anyone, including the government, to own shares of any company in any sector while being as involved (or uninvolved) as they want to be in steering the company. A federal social wealth fund, like the one I advocate, should be able to take advantage of modern shareholding institutions to expand public ownership into every aspect of the US economy.
Nothing in this index yet.
No quotations found in this category.