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While in theory that’s true, Venezuela also has strong government-imposed price controls backed by a violent militia.
by andrenth 8y ago
While in theory that’s true, Venezuela also has strong government-imposed price controls backed by a violent militia.
- AstralStorm 8y agoNation owned is still publicly owned, not ran by workers. This is exactly the same thing that happened to originally collectivist farming in Soviet Russia - it quickly got nationalized or virtually nationalized by centrally mandated quotas.
- andrenth 8y ago“Giving it to the people” is code for government ownership.