- Capitalism and Alternatives -

Use nationalization as a technique of punishment

Posted by: Nikhil Jaikumar ( PCC, MA, USA ) on July 12, 1999 at 13:53:15:

In Reply to: What, if anything, should we Nationalize first? posted by Asarualim on July 12, 1999 at 10:05:02:

: What, if anything, should we Nationalize first? I contend that the financial industry should be nationalized and control spread democrarctically among the people. Furthemore, I think that all the various trains, subways, air lines, and other transportation industries should be nationalized.

: Another question, should we go with a command economy, a heavily regulated mixed economy, or market socialism?

I agre with you that finance and transportation should be nationalized. Furthermore, I think that many food and mineral industries should also be nationalized.

I have an additional idea, which is this. We should pass laws saying,

1) ANy company which commits a breach of labor laws, pollution laws, waste disposal laws, or antitrust laws, will be nationalized.
2) There will be no possibility of re-privatoizing a company, once nationalized.

In other words, use nationalziation as a punishment for the slightest violation on the part of companies. This will have the double effect of forcing companies to clean up their act and second, since no one is perfect. gradually ensuring that mroe and mroe companies will be nationalized.

I be;lieve ina highly regulated mixed economy with some slight concessions to teh market more over, I believe that we should borrow from teh mdoel of yugolavia or some third world =economeis and have direct workers' councils controlling some industries.

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