Pretty depressing reading.

[Edit] I had the archive link as a comment but this has gained enough traction that it’s not obvious. Here it is again so you don’t have to give FT any clicks https://archive.is/ypkln

  • @EspiritdescaliAEnglish
    1•3 days ago

    I’m all for nationalising infrastructure, including houses, but you would still have to compensate shareholders unfortunately. If we didn’t (which is an option) the markets would react very badly and make Liz Truss seem like a genius.

    • huf [he/him]English
      2•3 days ago

      only if you let them. why does the government have to allow capital flight in the first place?

      • @EspiritdescaliAEnglish
        1•3 days ago

        Because we are not a dictatorship and have no desire to be one.

        • Kuori [she/her]English
          3•2 days ago

          you are a dictatorship, of capital

          the alternative is a government that serves the people instead of the wealthy, but who wants that?

          • @EspiritdescaliAEnglish
            2•2 days ago

            Overthrowing capitalism is unlikely to happen in the near term and the discussion was about homelessness.