Generally that’s the idea (and true sometimes, even in USA).
But not all USA bailouts go like that (via equity) tho.
(I agree the gov buying equity at price 0 if only there is any sense in keeping the business, either as essential or that it can function on it’s own.)
You’ve got dubious non-market loans & massive tax breaks too.
(I agree with this too, but the choice who to help & who not always seems paid for.)
handing money to the wealthy
It still keeps up the system that does that tho (at least) in sense that a business in non-essential infrastructure gets bailed out instead of going under & allowing “the free market competition” sort things - the thing they are always selling along with capitalism as an essential counterbalance/checks and balances to keep things fair.
Generally that’s the idea (and true sometimes, even in USA).
But not all USA bailouts go like that (via equity) tho.
(I agree the gov buying equity at price 0 if only there is any sense in keeping the business, either as essential or that it can function on it’s own.)
You’ve got dubious non-market loans & massive tax breaks too.
(I agree with this too, but the choice who to help & who not always seems paid for.)
It still keeps up the system that does that tho (at least) in sense that a business in non-essential infrastructure gets bailed out instead of going under & allowing “the free market competition” sort things - the thing they are always selling along with capitalism as an essential counterbalance/checks and balances to keep things fair.