Yep. They control our information - how we make it, what we are allowed to find, and what we can say. And they are large enough to not face real competition. So let’s treat them like the state owned corporations they are and regulate heavily. Smaller companies can be left unregulated. But not companies worth 500 billion or more.
If they were state owned, we could vote for how the profits get used and we would have larger budgets for healthcare and education.
https://fiscaldata.treasury.gov/americas-finance-guide/feder...
Another $1.3 trillion on wealth transfers from workers to non workers (including disability). And another $608B on wealth transfers from people with higher income to people with lower or no incomes.
Alphabet and Apple, combined, earned $193B in 2024, from the entire world.
https://www.macrotrends.net/stocks/charts/GOOG/alphabet/net-...
https://www.macrotrends.net/stocks/charts/AAPL/apple/net-inc...
How does your suggestion make any difference, other than destroying 2 of the very few organizations driving demand for US assets, and hence help support the US dollar's purchasing power?