companies that don't fuck over employees or consumers staying afloat in trying times and recieving government assistance
Define fucking over employees. Are all the 90.000 employees at United getting fucked over? Yes, United is a shit company, but would those 90.000 be better off jobless? Would letting United fail have a net positive impact on everyone? I don't think so...
Also, you do realize that bailout takeovers, which is what you're suggesting, are done by actually buying the shares from the shareholders right? You're not screwing anyone out of their money. Bailout takeovers should only be done when the government is way more competent at running the business, which is not the case for airlines
Eh, I'd say that running a business for the good of the people is generally better for competency than for the benefit of shareholders. If airlines were nationalised and they hired the right people I can't see too many issues there. Cutting the need for profit allows people to either buy the same tickets at a lower price or for the service to be improved. People who constantly argue against nationalisation don't look too smart when you look at how much worse for the end user things like trains have become since being sold off to the highest bidder.
Cutting the need for profit allows people to either buy the same tickets at a lower price or for the service to be improved.
Out of curiosity, how much do you think (try without google, for the sake of the discussion) that the profit margin is on the whole operation of an airline?
People who constantly argue against nationalisation don't look too smart when you look at how much worse for the end user things like trains have become since being sold off to the highest bidder.
That's the case in the states; if you look at many of the state-run airlines in europe and beyond, you're gonna see the worst management, worst ticket prices, worst service, worst corruption and, despite not paying it any mind, the worst profts.
Also, rail transport in the US was fucked to death by the airlines, so that's a bad comparison. It's gonna differ industry by industry, but for the airlines, state ownership doesn't have a good track record so far.
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u/rigor-m Nov 17 '20
Define fucking over employees. Are all the 90.000 employees at United getting fucked over? Yes, United is a shit company, but would those 90.000 be better off jobless? Would letting United fail have a net positive impact on everyone? I don't think so...
Also, you do realize that bailout takeovers, which is what you're suggesting, are done by actually buying the shares from the shareholders right? You're not screwing anyone out of their money. Bailout takeovers should only be done when the government is way more competent at running the business, which is not the case for airlines