The slap fight between Donald Trump and Elon Musk has highlighted the absurdity of keeping so much of our space program and satellite internet infrastructure in the hands of a single oligarch.
Nationalization is the opposite of privatization, it’s how the US’s bureaucratic state was really built, we should absolutely do this and right now is the time
No, this is just pure ignorance. The US never nationalized any sector. The US has only used nationalization as a means to stabilize certain sectors from collapse temporarily, and even this happens very rarely.
Nationalization stable, growing industries would have devastating impacts on the economy. These companies are running just fine, and they’re providing their services reliably and at competitive prices, what would be the justification to nationalize them? If the government feels like it needs more control on these companies they can pass regulations, and if they want total control then they should launch their own public alternatives.
Nationalization is the opposite of privatization, it’s how the US’s bureaucratic state was really built, we should absolutely do this and right now is the time
No, this is just pure ignorance. The US never nationalized any sector. The US has only used nationalization as a means to stabilize certain sectors from collapse temporarily, and even this happens very rarely.
Nationalization stable, growing industries would have devastating impacts on the economy. These companies are running just fine, and they’re providing their services reliably and at competitive prices, what would be the justification to nationalize them? If the government feels like it needs more control on these companies they can pass regulations, and if they want total control then they should launch their own public alternatives.