alt Hacker NewsThe upside is to the folks who sold the businesses they owned.
Should they be outlawed from selling to certain classes of investor? Which?
Replies
PyWoody • yesterday at 11:11 PM
Yes. This is already the case for law firms as they have to be owned and managed by lawyers, in most jurisdictions.
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Grombobulous • yesterday at 10:50 PM
It should be more about making certain levels of consolidation and deep erosion of local ownership illegal.
We have run this country on an assumption that we must give businesses a high amount of freedom. An argument can be made that businesses have been given too much freedom in our system. We’ve allowed Amazon and Ticketmaster and Walmart to exist and they shouldn’t exist in their present form.
Healthcare practices that provide necessary care shouldn’t even really be allowed to be for-profit entities if you ask me. The incentives become too perverse as a result.
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mondomondo • yesterday at 11:00 PM
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