2min chapter

Cleaning Up: Leadership in an Age of Climate Change cover image

Yanis Varoufakis: Power, Markets & Power Markets - Ep104

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

The Universe Needs a Bailout

Why does the state have to own the things, these, these resources? It's the only, I don't understand the ownership requirement. But what happens if that company says, at the price you are setting for me and the quantum minimum quantity you demand off me, I cannot function. At that point there has to be a bailout. The universe should never have been a private company over the last decade in the first place. Tell me that the universe was innovative in any particular way. It was simply it's cranging off a publicly or what should have been a publicly owned system.

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