PM talks about state owned land as dead capital - i propose solution

[313ghazi]

Well dubai as example of failure is not a giod example trying saying usa. As local enjoy in dubai

But alternative as state owned institute are even a bigger failure as proven around the world and USSR..USSR had everything gold, diamonds , coal, oil but it also had corruption
State owned everything is what our polticabs want so they can keeping looting stuff

I agree, we need a balance. You live in the US, your society looks down on socialism and state interference in business - I live in the UK, things are slightly different here. The state has had a larger role in business and a more socialist outlook and where this has been correctly balanced it has worked out well.

I'll give you an example of the railways. The rail infrastructure is owned by the state, the carriages are a mix of state and private ownership and the routes are contracted out to the private sector. Some lines have thrived under state ownership with private management, others have performed under state ownership and management.

Energy is another example. In the past the state owned the energy, the infrastructure, the fuel, the plants, all of it. It was then completely privatised and now more recently the state has been starting it's own energy companies to reduce fuel prices to break the monopoly of big companies.

Our buses have been privatised, but the German state operator has won the contract to run the majority of buses in the UK! Arriva is owned by a private company owned by the German state https://en.wikipedia.org/wiki/Deutsche_Bahn.

We need to adapt a similar model. Keep hold of assets, have state owned and operated businesses in the market, run them as private companies, have them accountable to shareholders etc, at the same time have an open market where other companies can compete against the state.

The dangers of monopoly are the same, wether it is a state owned one, or a monopoly of private companies. We need a state presence and oversight in key markets to prevent companies running monopolies, but at the same time need to keep the market open to competitors, and run state owned companies as private companies to avoid sh11t like PIA.