[Peace-discuss] socializing an industry
-- good but also bad
Karen Medina
kmedina at illinois.edu
Wed Dec 10 17:53:12 CST 2008
> Amen to all that!, and I'd add to the list "food,
> energy and essential services" health insurance, the
> railroads. The profit motive (capitalism) in
> "essential institutions or industries" is not one
> which can be trusted to lead to the best and most
> efficient services for all the people, and which
> will lead to a sustainable society. --mkb
Car industries too?
Banks, I kind of like that idea.
I'll just point out that horrible things can happen to natural resources in the hands
of the wrong executive (James Watt was a horrible Secretary of the Interior).
What is to keep a state owned industry from being mismanaged the same way?
Schools, for example, are being mismanaged. FEMA.
-karen medina
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