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Valerie Aurora

One specific recommendation from _The Unaccountability Machine_ is very simple: if a company does a leveraged buyout of another company (buys the company with a little of their own money and puts a lot of debt on the company to pay the rest) then the buyer should have to guarantee the purchased company's debts - no more limited liability for you. This is one element of Elizabeth Warren's plan to rein in private equity - and the only one Davies thinks is necessary for that

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Valerie Aurora

A general problem is wealth concentration, and there are many solutions to that, starting from the nicest one (a global wealth tax) to runaway inflation to massive destruction of capital to guillotines and assassinations and wars. It's been nice to see that a global wealth tax has recently become thinkable in many circles. But ultimately no one really knows what will emerge from the polycrisis

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