Comment on We Should Immediately Nationalize SpaceX and Starlink

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Gorilladrums@lemmy.world ⁨4⁩ ⁨days⁩ ago

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.

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