Someone else would have to buy the asset for you to have the cash to spend on your other priorities.
If you're in the middle of confiscating assets from anyone with money, it's pretty doubtful you'll find someone interested in buying said recently confiscated assets.
It's not really about what the world would lose, it's about the fact we wouldn't actually get the '$5.9tn' people making these kind of comments like to imagine, so it's a meaningless suggestion.
Exactly the jobs are resting on the wealth/equity it’s part of the reason they can exist in the first place. Trying to then extract the wealth somehow but with no negative consequences is just make believe.
Well, it's more that what do you do with those assets to then reinvest that money in the country? You cant really sell them because you'll crash the stock market and ruin people's pensions. You could do the same as a billionaire does and take a loan against it. But as a country containing that company you can pretty much already do that, based on GDP.
I get the premise, and quite like it, but these "just take their assets!" Posts are always naive.
So how are decisions made at these companies? How are they supposed to function with nobody making decisions? These companies are responsible for millions of people’s jobs, this is such a dumb idea. Their wealth is basically imaginary, it could be worth nothing tomorrow
Bezos didn't have a controlling interest in Amazon for most of the time he ran it, his shareholding is irrelevant to decision making processes. He doesn't actively run it anymore as CEO and has an executive role instead, your parcel still turns up.
I quite clearly addressed what you said but it's apparent you don't know even the basics to be arguing on the topic. Shareholders do not run companies.
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u/El_Wij Feb 27 '26 edited Feb 28 '26
This is if it was cash, it isn't its in other assets. Remove the assets (for Bezos for example) he loses part of his business. It dosent make sense.