> or being controlled, by nation-state private companies
You don't need to publicly fund something to "control" it. You can pass laws about it, you're the government!
I always find this kind of rhetoric from Western socialists strange, it's like they've forgotten they aren't libertarians.
The other issue being that they've forgotten there are downsides to owning something, because you don't always want to own all the risk. eg if you're a tech employee and paid in your employers' shares, you own some of your means of production. But you /shouldn't/, it's way too risky! You should sell it as soon as you get it and put it in an index fund.
You don't need to publicly fund something to "control" it. You can pass laws about it, you're the government!
I always find this kind of rhetoric from Western socialists strange, it's like they've forgotten they aren't libertarians.
The other issue being that they've forgotten there are downsides to owning something, because you don't always want to own all the risk. eg if you're a tech employee and paid in your employers' shares, you own some of your means of production. But you /shouldn't/, it's way too risky! You should sell it as soon as you get it and put it in an index fund.