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Generally the way socialists nationalize is by bankrupting the company with massive tax bills, fines, or price caps. They then take control out of bankruptcy o
by jcampbell1 4y ago
Generally the way socialists nationalize is by bankrupting the company with massive tax bills, fines, or price caps. They then take control out of bankruptcy or buy the company for a pittance.
NYC took control of the subways by capping fares which bankrupted the private operators.