Explain to me why certain sectors of the economy shouldn't be managed by the State, such as natural resources.
Here in Canada private corporations exploit our resources and we only see a fraction of what it's worth when we could have a state corporation extract our resources and the profits would go into healthcare, education and infrastructure. Instead all that money goes to Mr. Shekelberg's offshore bank account.
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The only industries that should be nationalized are those at risk of folding due to unfair (foreign) competition/ regulation, IE: steel.
Because our government is motivated by inclusivity and equality. The private sector is motivated by efficiency and profit. Guess which one is less bogged down by beaurocratic red tape, leading to better and more cost efficient results?
That could happen but your government allows this. Le democracy is wonderful. Every politician is owned by banks and rich fucks. Take the monarchy/fash pill. That’s literally what you just advocated for (state run corporations)
In most cases, the state DOES manage natural resources. Maybe not in 3rd world countries like Brazil where their gov't has no will or power to enforce protection of the Amazon, but in most non-shithole countries, there are laws and agencies in place to protect natural resources. And it's necessary, or national parks would be turned into housing, all trees would be cut down and sold and the land turned into farms, lands poisoned by mining activities, and so on. It's unfortunate that the private sector is only driven by (((greed))) and lack principles and restraint when it comes to utilizing/exploiting natural resources.
>muh efficiency
Because handing over our resources for jack shit is so much more efficient? Neoliberalism has so rotted your brain you can't see the stupidity of your argument.
Am already a fashgoy. Der Fuhrer said that "do you like democracy" basically means "do you want to get plundered of all your wealth by (((us)))?", or something along those lines.
Norway declared sovereignty over the oil in the North Sea, meaning it belongs to us - the people
Oil companies can extract oil for us, but they are taxed at 83%.
We also have two State oil companies which do most of the production.
*Privatisation
I thought you spoke British English
>Explain to me why certain sectors of the economy shouldn't be managed by the State, such as natural resources.
How are other nations suppose to pillage our resources?
Be honest the TSX is only funding sovereign Indian mines anymore.
All natural resources in canada are going to first nations corporations so they dont pay taxes.