2 ms·
Nationalizing said companies might sound like a good idea at first but one must wonder if this is indeed for the better. In theory, we own the Govt. in a democ
by throw83123123 9y ago
Nationalizing said companies might sound like a good idea at first but one must wonder if this is indeed for the better.
In theory, we own the Govt. in a democracy but it's often realized that in practice, it is owned by whosoever can afford to lobby ignorant politicians, who often care neither for the profit of public industries, nor for their constituency composed of generic ignoramuses.
This seems reminiscent of how 'communism' came to indicate a crony-capitalistic system with a single worst crony possible - the state itself. I for one don't believe public ownership is the same as being owned by a state agency.