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by xyzelement
1721 days ago
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>> nationalize and seize energy corporations and whip them into shape under planned economic management. Can you imagine not being able to heat your apartment/home, or your stores being empty because there's no fuel for trucks? Unless you can really picture that and still tell yourself "yup, I really do want that," you shouldn't be excited/confident about what you're proposing. I suspect you can't really imagine what it's like to lack fuel that powers your necessities, but I grew up in the USSR in 1980s and I can tell you it's not good. |
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https://www.theguardian.com/society/2021/jul/13/almost-40000...
> your stores being empty because there's no fuel for trucks?
https://www.theguardian.com/business/live/2021/sep/29/uk-pet...
OK, OK, this is a cheap shot and nowhere near as bad as it was in the Soviet Union, but the point is that the involvement of government in energy provision is kind of unavoidable and you can suffer supply and delivery crises under any system.
I'm just about old enough to have been a child when the UK utilities were privatized, along with rail, telecomms and everything else. What this means is that instead of having a single state-owned inaccessible monolith providing bad service, you have a single investor-owned private monolith providing bad service and returning profits to investors. (BT Openreach, Railtrack, National Grid Plc).
Even weirder is having foreign state owned companies in a ""competitive"" ""market"", such as DB or EDF.
I don't think nationalization is the solution on its own though, because what's needed is better policy. Nationalizing things into an incompetent state, which we are currently experiencing in the UK, will just make them worse.