But isn’t that the point? If governments would cut public services to feed their own beast now, why wouldn’t they do that if we nationalize these services, so that they can then sell to people something better?
That said, I actually did not know that the CEO at CP is also on the Purolator board. Why the hell was that even allowed in the first place?
Because many (not all) of these things provide a revenue to the government. Especially with natural resource extraction and transformation which is something that can be traded. And having nationalized services may come at a cost, but the way this helps society provides a return on the investment in other ways like increased business, reduced downtime, better produtivity, etc. Just like free education provides training for jobs, or free medical services can provide preventative care to avoid people getting sick or hurt and preventing them from working, or a nationalized rail and train service that ensures the transportation of important resources either internally or internationally to the US, Mexico, etc, at a reasonable price that won’t hinder local businesses and ensure that foodstuff is also transported across the country to feed everyone and keep the cost of foods low.
The whole objective is not to generate profits for shareholders, but to have a functional society that can generate revenue that can be taxed and use that to pay for services that support society and ensure efficiency, uptime and growth.
But isn’t that the point? If governments would cut public services to feed their own beast now, why wouldn’t they do that if we nationalize these services, so that they can then sell to people something better?
That said, I actually did not know that the CEO at CP is also on the Purolator board. Why the hell was that even allowed in the first place?
Because many (not all) of these things provide a revenue to the government. Especially with natural resource extraction and transformation which is something that can be traded. And having nationalized services may come at a cost, but the way this helps society provides a return on the investment in other ways like increased business, reduced downtime, better produtivity, etc. Just like free education provides training for jobs, or free medical services can provide preventative care to avoid people getting sick or hurt and preventing them from working, or a nationalized rail and train service that ensures the transportation of important resources either internally or internationally to the US, Mexico, etc, at a reasonable price that won’t hinder local businesses and ensure that foodstuff is also transported across the country to feed everyone and keep the cost of foods low.
The whole objective is not to generate profits for shareholders, but to have a functional society that can generate revenue that can be taxed and use that to pay for services that support society and ensure efficiency, uptime and growth.