That’s basically China with extra steps. How are you going to deal with your companies siphoning money out of your economy by buying foreign real estate?
Of course, it’s basically a communist idea from even before the Russian revolution.
To answer your question: since corporations aren’t allowed to own more than the buildings they work with, they could not buy foreign real estate - except for facilities or offices they really use.
I don’t think I know all the answers, it was just a interesting idea I read a while ago.
As far as I know it was never implemented, so weather it would work out or not is just speculation.
Ah there’s that glorious protectionism that just shot the global economy in the foot! Constitutional law is gone and you’re day dreaming about reforming business law lmaooooo CLASSIC.
That’s basically China with extra steps. How are you going to deal with your companies siphoning money out of your economy by buying foreign real estate?
Of course, it’s basically a communist idea from even before the Russian revolution.
To answer your question: since corporations aren’t allowed to own more than the buildings they work with, they could not buy foreign real estate - except for facilities or offices they really use.
I don’t think I know all the answers, it was just a interesting idea I read a while ago.
As far as I know it was never implemented, so weather it would work out or not is just speculation.
Corporations should be owned jointly in equal parts by the people who work there. Most live local and won’t want to do that.
Ah there’s that glorious protectionism that just shot the global economy in the foot! Constitutional law is gone and you’re day dreaming about reforming business law lmaooooo CLASSIC.
COMMUNIST REVOLUTION WEN?
This whole thread is about day dreaming about business law reform.
The whole world doesn’t stop to deal with each problem individually.