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Comment by nightski | Hacker News Reader

We should not be nationalizing anything, sorry. The government should not be running companies as it takes away all natural market forces. While private ownership can be corrupt, market forces / competition can keep it in check. If anything we have seen the government's corruption fail us by allowing too much M&A destroying competition.

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Need to have competition and actual market forces for that to actually work. A private monopoly has all of the downsides of the government with none of the oversight.

That's my entire point. The government created this situation. It wasn't always like this in aviation/aerospace.

> as it takes away all natural market forces

What are those forces exactly, in a defacto monopoly? Building huge jets takes so much money and know how buildup that only nations and maybe the top 5 or so companies could pull it off.

They said the same thing about rockets.

If you're talking about SpaceX, it was prominently funded by the US government.

Funded by governments and run by the government are vastly different things.

The argument was "[it] takes so much money and know how buildup that only nations and maybe the top 5 or so companies could pull it off. ", so the funding was the question, not who runs it.

That story still has to play out, and this arguably wouldn't have been possible without NASA's help.

Market forces are only excluded if the entire industry is nationalized, not if one particular company is nationalized.

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