Swiss bank favoured by super-rich says 1,000 billionaires are likely to pass on $5.2tn to their children over next 20 years
    • JohnDClay@sh.itjust.worksEnglish
      2·
      2 years ago

      Company ownership would be wacky after a founder dies since now the government would own most of the company. If the government sells off their shares, the companies value would crash and random other people could get control. So the government would probably need to keep the ownership for a long time at least. Which I guess is one way to nationalize companies.

      • justJanne@startrek.websiteEnglish
        5·
        2 years ago

        Better idea: family-owned companies, upon death of the owner, get turned into a coop owned by all the employees of the company, each getting 1 share.

        • JohnDClay@sh.itjust.worksEnglish
          4·
          2 years ago

          That sounds like a good way to have huge companies with one employee and thousands of contractors. But might be good if you can make it bulletproof.