This bill seems like a confusing mess. Why not just facilitate simpler direct steps like employee-ownership/profit-sharing, rather than all this “corporations should consider all relevant stakeholders” hooey? https://twitter.com/mattyglesias/status/1029682392108290049 …
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I think the argument for public private partnerships are in specific cases (like charter schools arguably or Americorps programs) where you want to allow for choice and deliberately want to allow for conditions where private actors can possibly fail out of the market.
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