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We should not be nationalizing anything, sorry. The government should not be running companies as it takes away all natural market forces. While private owner

We should not be nationalizing anything, sorry. The government should not be running companies as it takes away all natural market forces. While private ownership can be corrupt, market forces / competition can keep it in check. If anything we have seen the government's corruption fail us by allowing too much M&A destroying competition.

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nostrademons 3y ago
Need to have competition and actual market forces for that to actually work. A private monopoly has all of the downsides of the government with none of the oversight.
- nightski 3y ago
  That's my entire point. The government created this situation. It wasn't always like this in aviation/aerospace.
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manmal 3y ago
> as it takes away all natural market forces What are those forces exactly, in a defacto monopoly? Building huge jets takes so much money and know how buildup that only nations and maybe the top 5 or so companies could pull it off.
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- double0jimb0 3y ago
  They said the same thing about rockets.
  - ric2b 3y ago
    If you're talking about SpaceX, it was prominently funded by the US government.
    - nightski 3y ago
      Funded by governments and run by the government are vastly different things.
      - ric2b 3y ago
        The argument was "[it] takes so much money and know how buildup that only nations and maybe the top 5 or so companies could pull it off. ", so the funding was the question, not who runs it.
  - manmal 3y ago
    That story still has to play out, and this arguably wouldn't have been possible without NASA's help.
int_19h 3y ago
Market forces are only excluded if the entire industry is nationalized, not if one particular company is nationalized.