<div dir="ltr"><div dir="ltr"><br><div class="gmail_quote"><div dir="ltr">On Sun, Dec 9, 2018 at 7:51 PM Szoke, Ron <<a href="mailto:r-szoke@illinois.edu">r-szoke@illinois.edu</a>> wrote:<br></div><div dir="ltr"><br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex">
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Recently, with advancing age, I have become softer on half-measures that seem to offer some actual real-world possibility of "progress,” as I would view it. One is a program of government (public) ownership of a controlling percentage of stock of major corporations
in basic industries.
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<div>That is not a panacea, of course, & I expect to receive within minutes a torrent of denunciation along the lines of “That’s stupid & crazy! It won’t work! It can’t be done! It would have all kinds of unanticipated horrible consequences!” etc.,
etc. And those would be the most rational ones amid the obscene insults & accusations.</div>
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<div>I once heard that the French government owns (or owned) a sizable chunk of Renault. Have no idea whether this is true, & whether it exempted the Renault workers from the uprisings of 1968 & 2018. Can someone enlighten me/us on this? </div></div></blockquote><div><br></div><div>Serious answer, no sneers, jeers, or smears: It's very, very complicated. Much too complicated for me, in fact.</div><div><br></div><div>France is the major stockholder in Renault, but owns only something like 15% of Renault. Renault owns 43.4% of Nissan. So </div><div>Renault-Nissan is a carmaking "group". </div><div><br></div><div>It goes on and on, and is made even more complex by a recent scandal involving a man named Ghosn, who is apparently the </div><div>CEO of Renault.</div><div><br></div><div>It's all here, or most of it, if you can figure it out and apply it to "real-world" possibilities.</div><div><br></div><div><a href="https://www.reuters.com/article/us-renault-nissan-m-a-exclusive/exclusive-nissan-in-talks-to-buy-frances-renault-stake-in-merger-prelude-idUSKCN1GJ2A7?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29">https://www.reuters.com/article/us-renault-nissan-m-a-exclusive/exclusive-nissan-in-talks-to-buy-frances-renault-stake-in-merger-prelude-idUSKCN1GJ2A7?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29</a><br></div><div><br></div><div><br></div><div> </div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div style="word-wrap:break-word">
<div><span style="line-height:1.5">Or shall we stick with our usual “Who do we traduce & BLAME?” & the standard sneer-jeer-smear routine?</span><br></div>
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<div>~~ Ron</div>
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