Though popular, nationalizations ruin economies
https://mises.org/mises-wire/though-popular-nationalizations-ruin-economies?utm_source=MI+Subscriptions&utm_campaign=ed7797f577-EMAIL_CAMPAIGN_2024_02_29_06_22_COPY_01&utm_medium=email&utm_term=0_-0aec14e5f3-%5BLIST_EMAIL_ID%5D

By Soham Patil
> When governments seize private firms in the name of nationalization, the moves are usually politically popular. However, it doesn't take long for the nationalized firms to turn into a financial black hole.

originally posted at https://stacker.news/items/612102