A state-owned enterprise is a business enterprise where the government or state has significant control through full, majority, or significant minority ownership. During the 2020 Coronavirus outbreak Larry Kudlow, the White House’s top economic advisor, said the Trump administration would consider asking for an equity stake in corporations that needed taxpayer aid. “One of the ideas is, if we provide assistance, we might take an equity position,” Kudlow said Wednesday at the White House, adding that the 2008 bailout of [the automaker General Motors] had been a good deal…
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I would rather all essential industry be collectively owned by the government/citizens (water, power companies, railway, healthcare, internet, education, and related). And no industry should be "bailed out" unless it's services are still required. Private companies should only exist for luxury goods.
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