this post was submitted on 02 Jul 2024
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Pretty depressing reading.

[Edit] I had the archive link as a comment but this has gained enough traction that it's not obvious. Here it is again so you don't have to give FT any clicks https://archive.is/ypkln

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[–] huf@hexbear.net 5 points 4 months ago (2 children)

These are private companies and the government has little control over them.

lol, they have an army, just send it in and nationalize the shit out of them. the government has as much control as it wants to have.

[–] frazorth@feddit.uk 2 points 4 months ago (1 children)

Tax the crap out of them until they build is usually easier.

[–] huf@hexbear.net 5 points 4 months ago

neither of those are gonna happen, so it doesnt matter

[–] Espiritdescali 1 points 4 months ago (1 children)

I'm all for nationalising infrastructure, including houses, but you would still have to compensate shareholders unfortunately. If we didn't (which is an option) the markets would react very badly and make Liz Truss seem like a genius.

[–] huf@hexbear.net 2 points 4 months ago (1 children)

only if you let them. why does the government have to allow capital flight in the first place?

[–] Espiritdescali 1 points 4 months ago (2 children)

Because we are not a dictatorship and have no desire to be one.

[–] Kuori@hexbear.net 3 points 4 months ago (1 children)

you are a dictatorship, of capital

the alternative is a government that serves the people instead of the wealthy, but who wants that?

[–] Espiritdescali 2 points 4 months ago

Overthrowing capitalism is unlikely to happen in the near term and the discussion was about homelessness.

[–] huf@hexbear.net 2 points 4 months ago