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Every company should be owned by its employees (www.elysian.press)

submitted 3 months ago by Melvin_Ferd@lemmy.world to c/general@lemmy.world

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[–] masquenox@lemmy.world -1 points 3 months ago

The problem isn’t usually nationalization but the utter lack of democratic control of what is owned by the state

I'd say that before that your problem is that if a state has the power to nationalize something it also has the power to privatize it again... all it takes is one Reagan or Thatcher. Or hell, an Obama - who essentially nationalized General Motors after the 2008 crash and then handed it all straight back to the capitalists again.