Comments on SO - IT WAS ALL ABOUT THE OIL!!

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I like how you worked in the nuance of the critique...

suggested by you in a recent discussion, that the problem is not privatization per se but when it goes toward the extremes being promoted by multinational companies.

I can understand why people in Venezuela (another oil-rich one) and Bolivia clamor for nationalization. It might seem at least a lesser evil than ownership/control by big foreign companies.

I think the optimal solution is some mix of private and public ownership as well as public regulation.

posted by Dylan24 on March 1, 2006 at 7:04 PM | link to this | reply

Excellent post Damon
I've read about psa's but couldn't have explained them as you have - thanks for the information. I'm sure the neocons will ignore or spin the facts as usual.

posted by katray4 on February 28, 2006 at 2:58 PM | link to this | reply

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