The libs were NOT wrong on that.
Just don’t extend it to business in total. We may want some sort of operational thresholds whereby we all get some sort of say/control on operations over a certain size. E.g. it takes a LOT of capital to create say a fully operational refinery, and it’s operations and downstream production affect everyone.
Currently, some major stockholders control it, and a big international conglomerate gives the marching orders, and some regulator who’s bought off oversees the whole thing, supposedly. Is there a better way to control that asset? Is it right that a small handful of people should be the only ones capable of determining what that thing does? Is that the best way to get the best results?
Just spitballing. I don’t claim to have an answer for this. Obviously “zee people owninks zee means uv produkshun” is horrid, but that’s if it’s indirect, which is secretly just private ownership under guise of public ownership. Is there a good way to have DIRECT public ownership, and could it be better?
The libs were NOT wrong on that.