- cross-posted to:
- economics
- economy@lemmy.world
- cross-posted to:
- economics
- economy@lemmy.world
I don’t underestimate our Dear Leader’s ability to do it badly, but isn’t a sovereign wealth fund typically a good idea?
I don’t underestimate our Dear Leader’s ability to do it badly, but isn’t a sovereign wealth fund typically a good idea?
I’m concerned that the effect would be less of “having a controlling share in many companies” and more “having your fund be deeply tied to the success of these companies”.
If the size of the fund becomes a metric of success, whoever is in charge of it is going to be disinclined to force a company to make an unprofitable choice, even if it’s the right thing to do.