The TVA's ownership by the federal government allows the government to utilize ownership rights directly to steer company decisions, rather than resorting to regulatory measures.
The resurgence of the anti-bigness movement argues that America's economic problems stem from insufficient competition amidst a few dominant firms rather than the flaws of capitalism or welfare.
Rather than trying to create a competitive market to regulate corporate behavior, the government should consider buying companies to better utilize its ownership powers.
The anti-bigness sentiment has influenced recent policy, prompting the Biden administration to confront large businesses in a bid to redistribute economic power.
#big-corporations #government-intervention #anti-bigness-movement #economic-policy #corporate-ownership
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