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Congratulations to our presumptive Democratic nominee, Joe Biden!
Democratic Primaries
In reply to the discussion: Bernie Sanders in the 1970s urged nationalization of most major industries [View all]Farmer-Rick
(11,060 posts)38. Yeah, but Not enforcing anti-trust laws kind of is
What about all those stockholders in companies who would compete for customers except for the fact that that electric company has a monopoly bought for cheap from the government? I mean you are reducing competition by allowing a monopoly to be run by this corporation. Other corporations can't compete with that. What happened to that imaginary free market capitalist like to talk about?
If that monopolistic electric company then turns around and uses all those profits to buy up other corporations, what about all those stockholders who didn't get that chance to buy up those other corporations because they didn't have as much money because they weren't a monopoly? So how many stockholders do you want to hurt?
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primary today, I would vote for: Undecided
primary today, I would vote for: Undecided
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Bernie Sanders in the 1970s urged nationalization of most major industries [View all]
RandySF
Mar 2019
OP
Today's episode is brought to you by the letters "C" and "S" and by the number 2020...
brooklynite
Mar 2019
#15
So, if a corrupted and incompetent corporation runs a local monopoly into the ground.
Farmer-Rick
Mar 2019
#21
Well, he wasn't advocating nationalization because the utility corporations were doing great.
Farmer-Rick
Mar 2019
#28
I am not opposed to looking at nationalizing utilities that are natural monopolies.
DemocratSinceBirth
Mar 2019
#8
I am a firm believer in markets except where natural monopolies exist.
DemocratSinceBirth
Mar 2019
#39
I'm not either, especially after what happened to Enron and ONCOR/Energy Futureds
Vogon_Glory
Mar 2019
#30