Why Would The State Own Industries?

User avatar
Martin Hash
Posts: 19181
Joined: Wed Jan 20, 2010 2:02 pm

Why Would The State Own Industries?

Post by Martin Hash »

1. It's a monarchy of some kind. (Could be Left or Right depending on the goals of the monarch. (This is a kind of government.)
2. Confiscated for law enforcement, tax redemption or other temporary assignment. (Could be Left or Right depending on the Law. This is a legal system.)
3. They think it's for the good of The People because the needs of the group supersede the wants of the individual. (Left. This is a political system.)
4. They created the industry but have not yet privatized it.
5. The industry is not responsive to Market Forces. (Social Safety Net.)
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
User avatar
Speaker to Animals
Posts: 38685
Joined: Wed Nov 30, 2016 5:59 pm

Re: Why would the State own industries?

Post by Speaker to Animals »

Or they created the industry and have not yet privatized it.
Smitty-48
Posts: 36399
Joined: Wed Nov 30, 2016 3:22 am

Re: Why would the State own industries?

Post by Smitty-48 »

Or they are simply responding to the populist rabble rousing of the masses railing against private property beyond the control of state intervention for the puposes of ostensible redistribution of wealth.
Nec Aspera Terrent
User avatar
Martin Hash
Posts: 19181
Joined: Wed Jan 20, 2010 2:02 pm

Re: Why would the State own industries?

Post by Martin Hash »

Speaker to Animals wrote:Or they created the industry and have not yet privatized it.
Added
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
Zlaxer
Posts: 5377
Joined: Fri Dec 02, 2016 5:04 am

Re: Why would the State own industries?

Post by Zlaxer »

Controlling interests want to risk public funds as opposed to private investments.
User avatar
Fife
Posts: 15157
Joined: Wed Nov 30, 2016 9:47 am

Re: Why would the State own industries?

Post by Fife »

Why would the State own industries?

Because docile slaves are better than arms-length independent contractors.

For the slaver.

Next question?
User avatar
Montegriffo
Posts: 18807
Joined: Wed Nov 30, 2016 7:14 am

Re: Why would the State own industries?

Post by Montegriffo »

To cut the cost of essential services such as healthcare, transport or energy by eliminating the need to provide a profit to shareholders.
Problem is that nationalised industries often end up being run less efficiently and productivity is lower due to reduced incentive to perform so the cost to the customer actually increases.
What you really want is publicly owned industries which are operated to the standards of privately owned ones.
For legal reasons, we are not threatening to destroy U.S. government property with our glorious medieval siege engine. But if we wanted to, we could. But we won’t. But we could.
Image
Zlaxer
Posts: 5377
Joined: Fri Dec 02, 2016 5:04 am

Re: Why would the State own industries?

Post by Zlaxer »

Montegriffo wrote:What you really want is publicly owned industries which are operated to the standards of privately owned ones.
Neva goona happn.....
User avatar
Martin Hash
Posts: 19181
Joined: Wed Jan 20, 2010 2:02 pm

Re: Why would the State own industries?

Post by Martin Hash »

Zlaxer wrote:
Montegriffo wrote:What you really want is publicly owned industries which are operated to the standards of privately owned ones.
Neva goona happn.....
Unicorns.
Shamedia, Shamdemic, Shamucation, Shamlection, Shamconomy & Shamate Change
Zlaxer
Posts: 5377
Joined: Fri Dec 02, 2016 5:04 am

Re: Why would the State own industries?

Post by Zlaxer »

Martin Hash wrote:
Zlaxer wrote:
Montegriffo wrote:What you really want is publicly owned industries which are operated to the standards of privately owned ones.
Neva goona happn.....
Unicorns.
Skittles.