Originally posted by Ned
Rail and Utilities? These are so-called natural monopolies anyway. The problem you have, Spiff, is that you called for a lot more than that. You want all big companies to be owned by the State, IIRC.
Rail and Utilities? These are so-called natural monopolies anyway. The problem you have, Spiff, is that you called for a lot more than that. You want all big companies to be owned by the State, IIRC.
I admit that I'm quite liberal on the definition of "utilities": it encompasses the energy sector, it can encompass most of the finance and telecommunication sector, along with the usual ones (public transportation, education etc.). Besides, I think the State should be able to nationalize an activity that is instrumental to the overall economic well being (telecommunications are a good example) if the market fails at providing a fair access to all economic actors.
However, a computer game company is definitely not the matter of the State, no matter how big.
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