> Railways and telecoms worked out just fine. Sure, in many countries, train tickets have been getting overly expensive under government control but high costs

> Railways and telecoms worked out just fine. Sure, in many countries, train tickets have been getting overly expensive under government control but high costs are not such a huge concern in the grand scheme of things. On the other hand, the break up of AT&T in the US had huge benefits for consumers in terms of lowering costs. If Facebook is nationalized, at least they will not manipulate people to serve corporate interests (that is the main threat). You should read up on: 1. The history of railroads and regulation in the United States, including their collapse and resurgence in the 20th Century. 2. The history of Bell as a government-sanctioned monopoly, their breakup and subsequent industry consolidation. 3. The disastrous environmental damage caused by state-owned energy companies.