bilby
Fair dinkum thinkum
- Joined
- Mar 6, 2007
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Of course, the point is that very few places have tried pure capitalism, and only a handful have tried pure communism, and without exception, those places have been horrible shitholes.
Somewhere on the spectrum from infrastructure and primary resource extraction, through services and manufacturing, to wholesaling and retailing, a line can be drawn - not a straight line, and probably not a sharp line, either - with state ownership as the best option for some purposes, and private companies as the best option for others.
Not everything can be done by the government; Equally, not everything can be done for private profit-making businesses.
Not everything that IS done by the government need be incapable of making a profit for shareholders; The French government has a large, but often not a majority, shareholding in many companies, and the dividends from those companies benefit all French citizens, both by funding government services, and by reducing taxes; While also benefitting private shareholders.
The enemy isn't communism or capitalism; It's simpletonism. The best way to manage industry depends on the industry, and on myriad factors that influence that industry and the nation(s) in which it operates.
Somewhere on the spectrum from infrastructure and primary resource extraction, through services and manufacturing, to wholesaling and retailing, a line can be drawn - not a straight line, and probably not a sharp line, either - with state ownership as the best option for some purposes, and private companies as the best option for others.
Not everything can be done by the government; Equally, not everything can be done for private profit-making businesses.
Not everything that IS done by the government need be incapable of making a profit for shareholders; The French government has a large, but often not a majority, shareholding in many companies, and the dividends from those companies benefit all French citizens, both by funding government services, and by reducing taxes; While also benefitting private shareholders.
The enemy isn't communism or capitalism; It's simpletonism. The best way to manage industry depends on the industry, and on myriad factors that influence that industry and the nation(s) in which it operates.
