It makes the most sense for natural monopolies like oil and gas pipelines, power grids, telecom, rail, post, meat packing, food distribution. Etc i personally think all of those should be state run enterprises. Competition adds needless waste when the very nature of each industry forces a single winner. Competition is an unnatural state that has to be forced through anti-trust laws.
It makes the most sense for natural monopolies like oil and gas pipelines, power grids, telecom, rail, post, meat packing, food distribution. Etc i personally think all of those should be state run enterprises. Competition adds needless waste when the very nature of each industry forces a single winner. Competition is an unnatural state that has to be forced through anti-trust laws.
Definitely, there’s absolutely a place for central planning and state run enterprise.