No, they're fine remaining as private companies. If the government wants to better control over the companies then they can pass regulation and if they want total control then they can build their own alternatives. Nationalization of companies should never be used as a political weapon.
this post was submitted on 07 Jun 2025
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I think that's a complicated question. It's both yes and no. Yes, we should nationalize them. No, nationalizing them should not be by tRump. That sets the sets, or at least reinforces, thr concept that the architecture of industry can be nationalized as payback for petty political squabbling. They should be natuobalized, however, because fElon has proven himself to be unstable, reckless, petty, and a risk to the nation.
Arrest Musk on violation of controlled substances acts, file immigration violation charges, invalidate his ownership shares due to securities fraud, as he falsified education and naturalization forms.
Or just emminent domain the shit. The Law is just made up right now.
Agreed. These are things that should be of the people.
One way to get businesses to move their factories back to the US due to tarrifs: Start nationalizing them.
/s
I mean if they're utilities, we shouldn't let a board decide what should rightfully be in the hands of the voting public. Really they should welcome a stable (OK maybe not so stable in the US atm, but generally...) owner as the government.
The precedent that will set and the implications... No... We should not do this.
Health insurance, ISP, Oil Cos, and utilities should also be nationalized. The US is a weird place where everything is a business. A shithole capitalist hellscape
Nationalization is the opposite of privatization, it's how the US's bureaucratic state was really built, we should absolutely do this and right now is the time
I've been saying this for years. the footprint that spaceX represents in national launch authority is out of whack to say the least.
The only reason SpaceX exists is because Boeing and Lockheed managed to compete so badly the only solution was to merge their launch businesses.
So we had one launch company, then spaceX made it two providers, now its back to one because B-mart is using antiquated launch systems (single use).
this isn't incorrect. ULA is a fucking pork barrel of hideous proportions. doesn't mean we shouldn't nationalize spacex.
When's the last time the US nationalised something?
Conrail?
Racism. 1776.
I think during world war 2. But things were worse then 15% unemployment and people still had massive economic leverage. I don't think the US government is nationalizing anything anytime soon now. Neither party will participate in it because they are in the pockets of the oligarchs.
The automotive manufacturers General Motors and Chrysler were partially nationalized in the wake of the 2008 Financial Crisis as were several banks... these were less a full government takeover and more of a government guided restructuring, but the government owned large stakes in these companies. Before that, the only full nationalization of anything substantial was the bankruptcy of the Penn Central Railroad and subsequent establishment of Consolidated Rail (branded as ConRail) the US's only national freight rail company.
Conrail was later privatized into what is now the private companies CSX and Norfolk Southern. The collapse of Penn Central was the largest bankruptcy in history until Enron in the 1990's. Amtrak, our national passenger rail corporation, is also a nationalized entity created around the same time as ConRail, for similar reasons, and is still nationalized (although the Trump admin wants to privatize it).
Tiktok?
We should just fund NASA and let SpaceX and Starlink go bankrupt to competitors.
SpaceX and Starlink basically have no competition, and if they did, said competitor would also need to be heavily subsidized.
SpaceX has loads of capable engineers. If NASA gets a massive budget increase, they need to draw from that pool of talent.
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The oligarchs wouldn't like that precedent but they might go for purchasing SpaceX since it is owned by a foreigner. Kind of like with TikTok....
I don’t think the majority of Americans understand what that means. They’ll just scream “commies!” And raise their maga flag.
But the idea of a starlink-like business owned by UN would be nice, and not an American corporation owned by a nepobaby Elmo.
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