Did talk in a bar with a couple of people about it, the US "expat" (read IT immigrant who dislikes how multicultural we are in Germany) did explain to me it would be wrong to have the state buy out those companies, or give workers shares. Instead they ought to ensure that everyone who would've lost money in the bank gets it fully reimbursed (so that workers get their wages) and also only governmental secure the loan so the bank keeps going.
The majority agreed with you though, he wasn't convinced by anyone.
It's pure ideology and blind faith in "the market is more efficient by nature", leading to "the state will fuck everything up if it gets the private sector's job"
Absolutely. The ideological horror of him was also clear in other points. He was against affordable housing and all that and was the opinion since there is not enough housing you ought to liberalize the housing market and allow it to increase rents as much as possible and remove renter protection.
The kicker is that he did leave the US cause he wanted to get health insurance, profit from comparatively low rents in Berlin and also save on school and university fees for future children. Meanwhile he was against the taxes he had to pay. The ideology is quite encompassing even if it directly works against your benefits - even in neoliberalist hellholes with slightl social democratic leftovers like in Germany.
Did talk in a bar with a couple of people about it, the US "expat" (read IT immigrant who dislikes how multicultural we are in Germany) did explain to me it would be wrong to have the state buy out those companies, or give workers shares. Instead they ought to ensure that everyone who would've lost money in the bank gets it fully reimbursed (so that workers get their wages) and also only governmental secure the loan so the bank keeps going.
The majority agreed with you though, he wasn't convinced by anyone.
It's pure ideology and blind faith in "the market is more efficient by nature", leading to "the state will fuck everything up if it gets the private sector's job"
Absolutely. The ideological horror of him was also clear in other points. He was against affordable housing and all that and was the opinion since there is not enough housing you ought to liberalize the housing market and allow it to increase rents as much as possible and remove renter protection.
The kicker is that he did leave the US cause he wanted to get health insurance, profit from comparatively low rents in Berlin and also save on school and university fees for future children. Meanwhile he was against the taxes he had to pay. The ideology is quite encompassing even if it directly works against your benefits - even in neoliberalist hellholes with slightl social democratic leftovers like in Germany.
We really need a new Gosplan.
Ah yes, gentrification.