this post was submitted on 17 Jan 2024
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[–] AngryCommieKender@lemmy.world -3 points 10 months ago (2 children)

Publicly traded, aka private property, means you operate on the ideals of private owners, sacrificing everything in the name of profit.

Publicly owned means almost the opposite, but almost nothing is publicly owned in the US at this point.

Private property ≠ personal property.

[–] wildginger@lemmy.myserv.one 4 points 10 months ago (1 children)

I dont think you responded to the right comment, Im talking about the difference between types of companies, not property.

[–] AngryCommieKender@lemmy.world 1 points 10 months ago (1 children)

I'm also talking about different company structures, and how they relate to the type of property that they are.

[–] wildginger@lemmy.myserv.one 1 points 10 months ago

Ah, in that case I dont think you understand the convo at all

[–] shasta@lemm.ee 3 points 10 months ago (1 children)

It's clear from context that he was discussing publicly-traded companies because, like you said, there basically are no public companies in the US. Your post is unnecessary and pedantic.

[–] AngryCommieKender@lemmy.world 1 points 10 months ago

There should be public companies in the US. Especially utilities.