Reply #8: OK with me.

[Warren Stupidity]

As long as this is done within a democratic framework, and as long as there is fair compensation, what exactly is the problem?

Eminent domain is used all the time here to take assets, and yes the european social democracies have in the past nationalized industries. For example British Airways was a nationalized industry until that asshole thatcher sold it off.

If Toyota was a huge corrupting influence in our political process, using the great wealth it was extracting through its monopoly on automobile manufacturing and sales in our country to control our political system, I certainly think that an orderly nationalization of Toyota's assets here would be in order.