I think this is not a good example. Look at the situation right now with the military-industrial complex in the USA, or the lobbying problem. The independent courts and NGOs are muted or are not very effective.
The example I always like was Vietel, the national telecom company in Vietnam. It’s a business owned by the People’s Army of Vietnam.
Wrap your head around that. The military has its own side business running the nations telecommunications infrastructure.
All advanced economies in the world today are mixed economies. One can point USA or China as two success stories (in their own way) and argue for years about what is best.
> It’s a business owned by the People’s Army of Vietnam.
I do not know anything about Vietel and how they will operate. Would the population be served better if it was privatized? Because I can point plenty of failures of the so called "free market capitalism" that is so perfect that never exists if it fails, as proponents of communism do with "communist" countries.
Would Swiss be better serviced with private trains like in the UK? Would the UK citizens would be better serviced with private healthcare like in the US?
Agree, but there is plenty of nuance on it. A vocal proportion of HN likes to throw around some blanket statements about state institutions, tax, and societal issues... that are questionable at best.
Wow that sounds a lot like the global system we have today. Especially when you look at the unequal ecological 'exchange' (read: plunder) going on between the global north and the global south:
https://www.theguardian.com/global-development-professionals...
https://en.wikipedia.org/wiki/Unequal_exchange
Dead Donkeys Fear No Hyenas is fantastic documentary on this issue, it beautifully lays out the struggles of the Ethiopian working class who are trying to hold onto their land which is increasingly being (literally) given away to global north capitalists: https://www.youtube.com/watch?v=isiYYVmvn2U