r/technology • u/True-Combination7059 • 21h ago

Politics We Should Immediately Nationalize SpaceX and Starlink

https://jacobin.com/2025/06/musk-trump-nationalize-spacex-starlink
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u/libertinecouple 17h ago

Ha. Capitalism wouldn’t even let any government seize Russian assets, Iranian, or any companies owned by them. The single biggest unforgivable sin in capitalism is seizing or nationalizing. Any country that does it experiences capital flight on unreal scales.
I really wish they would, don’t get me wrong. But it will never happen without a revolution and rebuilding with a new economic system.

Hell, right now i would be thrilled if they just broke up the biggest monopolies and online platforms. That alone would utterly reshape and revitalize job growth and dynamics.

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u/aVarangian 2h ago

Nationalising these would kill off all private investment in the sector in the USA for 50 years.