You’re using a couple of totalitarian states as an example, ignoring a whole bunch of nationalised companies in perfectly reasonable countries (like in western Europe), that work quite well. Britain is not turning into a communist hellhole because they nationalise some rail operators that failed to give a decent service.
To get a somewhat relevant example, I really haven’t seen a decent railway infrastructure manager that wasn’t nationalised. Private interests are too eager to cut corners.
Most of the countries you are referring to have a higher economic freedom index than the US and even tighter shareholder control of corporations. They have nationalized industries that are mature and run at a loss, like railroads and postal services. If you put Twitter in the category of "mature industries that should run at a loss" then you might have an argument.
> If you put Twitter in the category of "mature industries that should run at a loss" then you might have an argument.
I do not. I was reacting to the “socialism is EVIL” part of the OP. I won’t argue that Twitter needs to be nationalised, it can DIAF as far as I am concerned.
Not the person you originally responded to but you are literally doing the exact same thing you accuse the original poster of. You are using one example in western Europe while ignoring a whole bunch of countries throughout history that support the original posters point.
Seems to me when non socialist countries (western europe) nationalize companies it generally goes better than when socialist countries do.
So both you and the original poster are somewhat correct but you both are trying to manipulate the data to only support the cause you want.
> So both you and the original poster are somewhat correct but you both are trying to manipulate the data to only support the cause you want.
How so? Their point was that nationalisation was intrinsically totalitarian and bad. My point is that there are several counter-examples that show that it does not follow. I never said it was a panacea.
To get a somewhat relevant example, I really haven’t seen a decent railway infrastructure manager that wasn’t nationalised. Private interests are too eager to cut corners.