• treadful@lemmy.zip
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    16 days ago

    Next the GOP will be screaming to nationalize these publicly traded companies so the public has no say in how they’re run.

    Ceres said in a statement that the hearing is part of a larger political campaign to ban investors from considering climate-related financial risk.

    …or maybe they’ll codify in law that the only consideration is profit.

    • prole@sh.itjust.works
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      16 days ago

      Next the GOP will be screaming to nationalize these publicly traded companies so the public has no say in how they’re run.

      For one, nationalizing would have the opposite effect. It literally means that the company is administrated by the people of the nation, and therefore they reap the profits/rewards. It also means they have more control.

      Sure, an autocrat might try to use this to consolidate power, but the concept of nationalizing isn’t inherently bad. It can be done correctly, and be a great boon for society.

      Which is why, second, the GOP would never do such a thing. Wrest control of private corporations from billionaire capitalists that fund their campaigns and hand it to the people? Lol are we talking about the same party?