peachfront, 1 year ago @billOfEarth42 @Alchemist_Final @StillIRise1963 We can, confiscating private "assets" for public good isn't some wacky dream that has never been tried An example: in 1974-75, Kuwait nationalized its oil industry previously under the control of foreign US & UK companies Result: for a time, the average income of a Kuwaiti citizen was the highest of any nation in the world, including the US There's no legit reason to leave valuable assets in the hands of the few
@billOfEarth42 @Alchemist_Final @StillIRise1963
We can, confiscating private "assets" for public good isn't some wacky dream that has never been tried
An example: in 1974-75, Kuwait nationalized its oil industry previously under the control of foreign US & UK companies
Result: for a time, the average income of a Kuwaiti citizen was the highest of any nation in the world, including the US
There's no legit reason to leave valuable assets in the hands of the few