Re: a dumb query? pls humor me
Paul Johnson <baloo@ursine.ca> wrote:
> >> That's modern socialism, my friend.
> >>
> > I will again quote from Wikipedia:
> >
> > "As an economic system, socialism is often characterized by state or
> > community ownership of the means of production."
> >
> > Please explain how in the world you have a true market economy when
> > the private interests don't even control the means of production?
>
> Key basic needs of society are controlled.
The electric energy production used to be state owned in Germany. They
privatised it some years ago (and created competition by splitting) and
suddenly their energy prices dropped to about half. Can you please
explain how it was better to have it state owned?
Regards,
Andrei
--
If you can't explain it simply, you don't understand it well enough.
(Albert Einstein)
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