The Criteria For Public Ownership Of Industry
The public option for health care keeps coming back to haunt us and we have private health insurance to thank for it. Back in 2009 when the Affordable Care Act was passed without a public option it was assumed that the issue was dead for another generation, but naturally we underestimated the obstinence of Republican opposition to any government program that might stand a chance to help people. "Obamacare" works...but only where it's allowed to work. So here we are seven years later right back where we started. Naturally, the right-wing media is freaking out. They're trotting out all the old favorites, accusations of "government overreach" and "socialism" and the like which prompts a discussion about capitalism and government ownership of industry. Sadly, the Soviet Union demonstrated that it is possible to have too much control, but we've seen over and over again here in the US what happens when you don't have enough. Clearly we need t...