If it makes more sense to keep these tech giants as conglomerates then there exists other methods of using the resources more economically. For instance lowering their transfer payments(raising taxes on their activities in classical economics.)
I am not particularly informed on European aerospace and I am not disputing your point. As a historical note France was very economically competitive mid-50s - 60s but had troubling competing after that.
An unsubstantiated claim doesn't require a well researched counter. The suggestion to do research is just that a suggestion. I find that when dealing with posts written by people who are uninformed or have the intention of misinformation that it is important to point out that the issue is contested. If someone is lying then a bit of research will prove that and we can all be in agreement. If the subject isn't worth bothering with then my accusation surely can't be bothered with either.
Yes all socialist governments are doomed to fail. Every leftist thinker has the IQ of a five year old(starting to like this meme). Thank you for adding nothing to the conversation.
We both can agree that the pdvsa is incredibly corrupt and post Chavez politics have been a shit show. Whether this is a necessary result from nationalization is not an easily answered question but I'm glad you actually voiced an opinion on the issue besides just nationalization is bad. Cheers.
Sorry I'm just trying to understand the five year old's argument. "Their economy was mostly oil, they seized assets of oil companies extracting it." Who is "they" in this sentence and how was all this inevitable?
I wouldn't be so quick to write them off. A large percentage of the world respects the Chinese government which usually acts in their own economic interest is stable over the long term. Whereas in the US the government does nothing but enact poor economic and social policies as well as saber rattling or war every time a right wing president is elected.
The window is so far to the right currently that you are voting for corporatism or more corporatism. Don't expect democrats to roll any of this shit back.