[Peace-discuss] [Peace] My plea, related to the Yellow Vest movement in France
John W.
jbw292002 at gmail.com
Mon Dec 10 02:09:18 UTC 2018
On Sun, Dec 9, 2018 at 7:51 PM Szoke, Ron <r-szoke at illinois.edu> wrote:
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.
>
>
> 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.
>
> 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?
>
Serious answer, no sneers, jeers, or smears: It's very, very complicated.
Much too complicated for me, in fact.
France is the major stockholder in Renault, but owns only something like
15% of Renault. Renault owns 43.4% of Nissan. So
Renault-Nissan is a carmaking "group".
It goes on and on, and is made even more complex by a recent scandal
involving a man named Ghosn, who is apparently the
CEO of Renault.
It's all here, or most of it, if you can figure it out and apply it to
"real-world" possibilities.
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
> Or shall we stick with our usual “Who do we traduce & BLAME?” & the
> standard sneer-jeer-smear routine?
>
> ~~ Ron
>
>
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