Railroad companies have penalized workers for taking the time to make needed repairs and created a culture in which supervisors threaten and fire the very people hired to keep trains running safely. Regulators say they can’t stop this intimidation.
They should 100% nationalize it… But I’m not sure that’s their plan. It would be an extremely risky plan on their part to let the government take over the company in hopes that they can maybe possibly convince them to give it back after they fix it up.
You’re not thinking like a modern CEO. This isn’t long term growth capitalism, this is slash and burn capitalism. The only thing that matters is next quarter’s profits (and, increasingly, this window is narrowing to single months or smaller). They’re going to extract as much wealth out as they can for as long as they can until it’s completely impossible to sustain it. If they can’t get the government to hand it back in the future, oh well, but that’s what lobbyists are for.
They should 100% nationalize it… But I’m not sure that’s their plan. It would be an extremely risky plan on their part to let the government take over the company in hopes that they can maybe possibly convince them to give it back after they fix it up.
You’re not thinking like a modern CEO. This isn’t long term growth capitalism, this is slash and burn capitalism. The only thing that matters is next quarter’s profits (and, increasingly, this window is narrowing to single months or smaller). They’re going to extract as much wealth out as they can for as long as they can until it’s completely impossible to sustain it. If they can’t get the government to hand it back in the future, oh well, but that’s what lobbyists are for.