Well, that solves one kind of graft and opens the door to another. The history of Petrobras is a great example of the kind of corruption that can happen in stat

Well, that solves one kind of graft and opens the door to another. The history of Petrobras is a great example of the kind of corruption that can happen in state run enterprises. Chinese SOEs are another example. Transparency, audits, and open procurement processes are probably more useful at fighting graft than nationalization.