What are the implication of having government as a major stockholder in American business?
There are many untested issues here. There is no simple answer. Plans that call for investments in the stock market generally would model their investment after the Thrift Savings Plan(TSP)–a type of 401(k) plan for federal employees. The TSP has a number of safeguards to protect the interests of the fund and protect businesses having government as an intrusive shareholder. Those safeguards have worked for the TSP for a little over a decade. People differ about whether the experience would be the same with Social Security.
