• jonne@infosec.pub
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    2 months ago

    Yeah, it’s so much better to just write checks to failing companies. Obama bailed out GM without any preconditions.

    What if instead the government took the equivalent amount of ownership and put them on the path to building EVs? GM could’ve been Tesla without the Musk issue. And the public shares could’ve either been kept by the government, sold on the market later on or turned over to the workers so they could have someone on the board.

    None of this is an outlandish phantasy, other countries did similar.

      • jonne@infosec.pub
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        2 months ago

        Free market is when the government writes blank checks to fix market failures.

    • BombOmOm@lemmy.world
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      2 months ago

      What if instead the government took the equivalent amount of ownership and put them on the path to building EVs? GM could’ve been Tesla without the Musk issue.

      In 2009, $/kwh prices were astronomical. There is a reason the Model 3 didn’t exist until 2017. Trying to make that car back in 2009 would have been a catastrophically awful idea.

      You guys have to stop with these suicidal ideas.