this post was submitted on 20 Sep 2026
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All billionaire assets should be nationalized. Though I'm not sure what would be the best way to handle all the media conglomerates the government will end up owning after that.
First, no single person should be allowed to own a significant portion of a single product line within a country. So if a single person owns 10% of all media companies in the US, they should be forced to sell until they own less than 1%.
Second, no single company should be allowed to own a significant portion of a single product line's market share within a country. So if a single company owns 30% of all car sales in the US, they should be forced to split up into smaller companies until they own less than ~15%.
Imagine no billionaires, imagine workers owning a meaningful portion of the company they work at, imagine busting companies so quickly and at such a low bar we never have to worry about monopolies again. No SpaceX being critical national infrastructure, no google being allowed to be a giant for so long, no internet line capture by your local ISP, no banks so large them failing could shatter the country, no AI bubble worth anything to worry about.
We can do it everywhere.