> On Feb 18, 2016, at 10:31 AM, raghu <[email protected]> wrote: > > On Thu, Feb 18, 2016 at 12:19 PM, Marv Gandall <[email protected] > <mailto:[email protected]>> wrote: > I have my suspicions that if US government were to announce that it was > “regulating” JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, and > Goldman Sachs by taking 100% ownership and consolidating them under new > state-appointed management as the Bank of the United States, their current > directors and shareholders and the right wing generally would not see the > expropriation as a matter of mere semantics. > > > That's precisely the point: they would immediately recognize the > expropriation for what it is, irrespective of what it is called. I think it’d > be a good idea for progressives to likewise avoid getting distracted by > semantic distinctions.
I see you as saying that it’s essentially one and the same thing when private owners are subjected to to varying degrees (usually modest) of regulation or stripped of their property. I don’t see it that way, and don’t think anyone else across the political spectrum would either if the event actually occurred.
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