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> Nobody is better at that than the (so called) socialists themselves. It simply doesn’t work without coercion, restrictive capital controls and other policies
by avidphantasm 2y ago
> Nobody is better at that than the (so called) socialists themselves. It simply doesn’t work without coercion, restrictive capital controls and other policies which aim to minimize the competitiveness of private enterprises (if they are not banned outright). This almost leads to lack of innovation, poor productivity, extreme corruption and authoritarianism.
Capitalists don’t even like competition. They say they do when it’s convenient as it’s the politically correct thing to say. But behind the scenes they seek monopoly to thwart “ruinous competition”. I wasn’t suggesting nationalization and running Boeing as a conglomerate. I was talking about nationalization as a vehicle to break up the company into work-owned and controlled units. This, combined with consistent application of anti-trust regulations would do more to foster competition than the sclerotic financialized monopoly that Boeing is now.