4 ms·
> Nationalization of companies rarely works well It does not need to "go well". All the government needs is control. They have VK (controlled by Putin's people
by xpl 4y ago
> Nationalization of companies rarely works well
It does not need to "go well". All the government needs is control. They have VK (controlled by Putin's people). They will be happy with either outcome with Yandex — kill Yandex entirely, and people will just switch to using VK services. Make Yandex controlled by the government, and then its resources will be used for evil purposes. So either way it favors the government, reducing overall freedom.
> It has no value
It has the value. I insist that the net profit from "killing Yandex" is strictly negative, as it has not even zero effect on preventing actual people from getting killed — the actual effect would be the other way around.
> With sanctions it can't.
Unfortunately, not true. Even if Europe stops buying Russian resources today, the remaining profits from selling to China, India and etc. would cover the expenses. The oil and gas prices will greatly rise (it already happens), so that would compensate the losing of the European markets.