Quote Originally Posted by Hachifusa
If something needs to be done, the greedy dollar-chasers would do it in spades because they believe in profit. And on the other hand: how is the government more certified to run industry than the industrials are?
The goverment dosen't literary run the companies. I mean, it's not like the ministers and president decide to run the company themselves. The industrials you say will always run the industries: the difference lies in wether the company is private or goverment owned. One could say company CEOs would not worry so much about the public company if they are not getting any extra benefit. Of course, in theory socialism requires of people who actually believe in it. However, mantaining the means of production of capitalism in socialism is a contradiction: one could say the means of socialism are less effective, but more human. In theory, of course, always in theory.