this post was submitted on 25 Mar 2024
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GenZedong
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Our party has started a push for nationalizing the recently declared bankrupt bus manufacturer in Belgium. We want to keep the productive forces capable of building (electric) buses instead of just letting them go bankrupt, forcing 2500 people out of a job.
I'd love to see more peoples talk about what their organizations are up to on grad, can we normalize that please?
Sounds like a great plan! Is there any process you can legally follow for this? Will the financial receiver not just ignore you and just asset strip the place?
I don't know really, it's the first time I see something like this. I know the Belgian government did something similar during the banking crisis years ago, so I guess it's possible?
As for the asset strip: the company will go bankrupt if they don't find someone to take over. So far no realistic offer has been made. The government is perfectly able to do just that. It's a lost cause I think with neoliberals in charge, but it's goot to get the message of nationalization out there for the people to consider.