graydf t1_iu0jyfy wrote on October 27, 2022 at 5:36 PM

Reply to comment by Laruae in Shell paid zero windfall tax in UK despite record global profits by hugglenugget

Fuck off commie.

Cdwoods1 t1_iu0ll1n wrote on October 27, 2022 at 5:47 PM

You really know how to make a compelling argument.

Laruae t1_iu0uahb wrote on October 27, 2022 at 6:43 PM

Nationalizing the energy sector doesn't make the country communist.

Many countries around the world have nationally owned or controlled powelines, train tracks, etc.

It works very well.

UNOvven t1_iu14yy0 wrote on October 27, 2022 at 7:52 PM

In fact, its when those nationally owned things get privatised that they tend to go to shit. See for example the UK railway system.

graydf t1_iu19cu8 wrote on October 27, 2022 at 8:20 PM

Ya that works great in Venezuela.

kahurangi t1_iu2997n wrote on October 28, 2022 at 12:40 AM

Not every country would be an energy exporter like Venezuela was, or get hammered with sanctions by the states presumably. This is pretty simple stuff, I'm sure if you applied yourself you'd be able to understand.

StuStutterKing t1_iu33b2g wrote on October 28, 2022 at 4:52 AM

I am an avowed capitalist. Capitalist markets, and specifically the modern global private market, are quite possibly the second greatest human achievement thus far behind Wikipedia.

Private markets, however, work best when competition is best. That is not necessarily true when it comes to public goods, such as natural resources and the energy grid. Here, stability, ease of access, and widespread infrastructure (even in areas where it may not be monetarily beneficial to do so) outweigh the current need for private variation and the additional profit margin.