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In practice nationalized industries end up serving no one but the politicians who nationalized them and the people who draw their salaries from them. Nationali
by fallingknife 4y ago
In practice nationalized industries end up serving no one but the politicians who nationalized them and the people who draw their salaries from them. Nationalized news media is even worse.
- mschuster91 4y agoI agree Germany's public broadcasters aren't without their issues (e.g. there's a massive corruption scandal at RBB and a couple other stations at the moment), but there is no credible evidence about them doing shady or biased reporting (other than COVID deniers and the far-right complaining that their bullshit is being called out). Our system was invented by the Allied occupation forces after WW2 precisely to enforce a publicly trusted news source as a prevention against lies and propaganda that led to the rise of the Nazis in the first place. Sad to see that the US hasn't dared and learned from the success - and now the US media system is objectively in shambles: Obvious crap like Tucker Carlson on a "news station", billionaires in control of major newspapers, and public trust in media fairness is at rock-bottom. As for nationalized industries: see my reply to a sibling comment of yours.