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> Nationalization means the government owns the business, not that it runs it. Only difference is who collects the profits, Bezos or everyday people. A distinc
by zorga 8y ago
> Nationalization means the government owns the business, not that it runs it. Only difference is who collects the profits, Bezos or everyday people.
A distinction without a difference, owners appoint who runs it, they effectively run it.
> Norway and the other Scandy countries have high levels of public ownership and huge public sectors. Their economies run great.
Tiny economies with largely mono culture populations who align on this political ideology; that won't work here, our diversity also includes ideological diversity that would never allow this kind of program to be implemented so it's a non-starter proposal.
When a government is as ideologically split as our is, they are ineffective and bad at doing things due to the constant infighting and battling of ideologies. So no, it's not factually wrong at all, it's reality.