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Successful 'nationalization' examples?

MovingTarget

MovingTarget

Diamond Member
In light of the other thread on successful privatization examples, does anybody know of any successful nationalization examples in the US? I can't think of anything offhand that didn't have to do with war production, but I'm sure that there have to be a few examples in our history of this type of thing...
 
Originally posted by: ZeGermans
the FDIC.
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This has yet to be proven, sorry. Wait and see if it stands up after a real run on banks. What we saw last year was nothing compared to what it could be.

That is like saying your bomb shelter works because it hasnt blown over in the wind yet.
 
Interstate highway system
FDA
NIH (think your big insurance/pharma bill pays for research. Think again!)
NASA
NRC
Most public universities and community colleges
 
Originally posted by: ZeGermans
you should probably close this thread or whatever before you start looking like even more of a retard.
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Bite me. This is a legitimate topic of discussion and you look like a tool for spamming. When the national discourse turns to the failings of privatization of formerly publically-run operations, one must consider situations where nationalization has worked to see where it might be prudent. You had a few examples of situations during the depression, but some aren't what we really think of today as nationalization, where the government directly takes over private industries. Think PEMEX in Mexico....stuff like our national parks pale in comparison as we created national parks where equivalent privately-run parks did not exist prior.
 
it seems people in this thread don't know what nationalization means

Originally posted by: SammyJr
Interstate highway system
FDA
NIH (think your big insurance/pharma bill pays for research. Think again!)
NASA
NRC
Most public universities and community colleges
Click to expand...

every last one of those things was public to begin with, not private and then bought or take over by the government.
 
Originally posted by: ElFenix
it seems people in this thread don't know what nationalization means

Originally posted by: SammyJr
Interstate highway system
FDA
NIH (think your big insurance/pharma bill pays for research. Think again!)
NASA
NRC
Most public universities and community colleges
Click to expand...

every last one of those things was public to begin with, not private and then bought or take over by the government.
Click to expand...

Let's privatize them!
 
Originally posted by: OCguy
Originally posted by: ZeGermans
the FDIC.
Click to expand...

This has yet to be proven, sorry. Wait and see if it stands up after a real run on banks. What we saw last year was nothing compared to what it could be.

That is like saying your bomb shelter works because it hasnt blown over in the wind yet.
Click to expand...
Incorrect, the FDIC was never designed to cover a full catastrophic meltdown of the banking industry. It has done it's job of protecting the American people from numerous banking failures over the decades.

What you're saying is your bomb shelter didn't work because the Death Star vaporized the entire planet.
 
IIRC, police and firefighters in the much earlier years of our nation were in the majority of the country utterly private, and were later nationalized. I may have my history wrong here though.
 
Originally posted by: sandorski
It's a mixed bag, whether Privatizing or Nationalizing.
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Indeed. Thats why I try to take a pragmatic rather than idealogical approach when discussing these. I've yet to see an idealogy that seems to work very well when considering either...
 
Hard to make a claim either way on any nationalized industry. Because what measure of success do we use? In the free market an unsuccessful organization is buried by its competition. In the world of govt it is simply given more funds. Thus it will never die and people point towards that as a success.
 
Originally posted by: Arkaign
IIRC, police and firefighters in the much earlier years of our nation were in the majority of the country utterly private, and were later nationalized. I may have my history wrong here though.
Click to expand...

Didn't private firefighters have turf wars and get into fist fights as to who would get to put out the fire (and presumably earn a profit) while the houses burned to the ground?

 
Originally posted by: ElFenix
it seems people in this thread don't know what nationalization means

Originally posted by: SammyJr
Interstate highway system
FDA
NIH (think your big insurance/pharma bill pays for research. Think again!)
NASA
NRC
Most public universities and community colleges
Click to expand...

every last one of those things was public to begin with, not private and then bought or take over by the government.
Click to expand...

This.
 
Originally posted by: Phokus
Originally posted by: Arkaign
IIRC, police and firefighters in the much earlier years of our nation were in the majority of the country utterly private, and were later nationalized. I may have my history wrong here though.
Click to expand...

Didn't private firefighters have turf wars and get into fist fights as to who would get to put out the fire (and presumably earn a profit) while the houses burned to the ground?
Click to expand...

Yes, lol.
 
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