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Re:China plans to break up Ant's Alipay and force creation o... by baybal2 on Monday September 13, 2021 @01:07PM (#28513920)
> I'm surprised more countries aren't just nationalizing things that are a drain.

Ask India, Pakistan, and Banglades how the era of mass nationalisations went for them in the seventies.

It went nowhere. In each respective country, the two decades of economic progress since the independence was undone.

It's a very remarkable test case for how nationalisation worked in three drastically different economies: relatively free market Pakistan, a socialism-lite India, going more hardcore, and a post-war blank sheet economy of Bangladesh.

Re:China plans to break up Ant's Alipay and force creation o... by shuntress on Monday September 13, 2021 @01:12PM (#28513978)
You heard it here first: We need to privatize roads, mail, DNS, TCP, etc. These shared systems are clearly hindering progress.
Re:China plans to break up Ant's Alipay and force creation o... by gruez on Monday September 13, 2021 @01:26PM (#28514164)
DNS/TCP is decentralized, and mostly operated by private companies, so arguably it's already privatized.
Re:China plans to break up Ant's Alipay and force creation o... by Ekaros on Monday September 13, 2021 @02:16PM (#28514799)
With TCP I agree. On DNS I wish we actually used classes so we could have multiple separate hierarchies, ofc URL design might be needed to be changed slightly.
Re:China plans to break up Ant's Alipay and force creation o... by elefanten on Monday September 13, 2021 @01:18PM (#28514071)
This is not what gp described. Why don’t you provide an example of nationalized industry performing well?
Re:China plans to break up Ant's Alipay and force creation o... by shuntress on Monday September 13, 2021 @01:36PM (#28514280)
I think you would agree that there aren't very many nationalized industries other than weapon systems research/development ("weapons" as in cruise missiles, fighter jets, air craft carriers, etc.) I think you would also agree that the on-paper-private companies that do this work are effectively nationalized would perform much worse if they were selling to citizens rather than nations.

As far as services (rather than industries), those that I mentioned are perfect examples of nationalized (or at least "shared" as opposed to owned by a single company) services that perform well: Highways, USPS, TCP/IP, DNS, SMTP. Though, I do admit that despite being built on publicly developed shared underlying technology, the actual deployment of DNS services or of devices that use TCP/IP or similar technologies is done by private companies.

This is also sort of adjacent to the debate of whether or not broadband access should be considered a utility and how utilities should be delivered.

Re:China plans to break up Ant's Alipay and force creation o... by fy20 on Monday September 13, 2021 @01:26PM (#28514161)
In Europe most passenger railway companies are nationalised (or at least heavily controlled by state owned entities), and rail transport in Europe is arguably much better than in the US.
Re:China plans to break up Ant's Alipay and force creation o... by gruez on Monday September 13, 2021 @01:29PM (#28514196)
...and definitely not say, higher population density and/or government policy.
Re:China plans to break up Ant's Alipay and force creation o... by simion314 on Monday September 13, 2021 @01:39PM (#28514311)
Maybe if you don't include deserts and Alaska in the density calculations you would get comparable numbers.

- Why don't big american cities have trolleybus?

- Because density , imagine putting those buses in the desert, would be stupid

- But why not put the infrastracuture starting from high density areas ?

- You are making sense now, let me find other excuse ... it is because culture/freedom/short history/ the constitution , the yellow party

- I don't have time to logicaly analize all those excuses, next time maybe

Re:China plans to break up Ant's Alipay and force creation o... by kwere on Monday September 13, 2021 @02:01PM (#28514603)
ralway is a natural monopoly
Re:China plans to break up Ant's Alipay and force creation o... by Ekaros on Monday September 13, 2021 @01:45PM (#28514388)
Healthcare usually does quite well. Terrestrial TV and electric grids made sense. Water supply and treatment aren't too horrible usually either.
Re:China plans to break up Ant's Alipay and force creation o... by kwere on Monday September 13, 2021 @02:03PM (#28514633)
natural monopolies, except some kind of health services
Re:China plans to break up Ant's Alipay and force creation o... by kwere on Monday September 13, 2021 @02:00PM (#28514585)
1) monopolies (also gov.) need to be broken or collectivazed for obvious reasons.

2) The government cant play the enterpreneurship game, except extremely fringe cases,

Re:China plans to break up Ant's Alipay and force creation o... by selimthegrim on Monday September 13, 2021 @03:51PM (#28515945)
Pakistan had 22 families --- my mom's school was ruined by nationalization but what alternatives did you have in mind for breaking their power?
Re:China plans to break up Ant's Alipay and force creation o... by baybal2 on Monday September 13, 2021 @07:38PM (#28518313)
Not breaking their power?

Take a look on the Riaz case, and his estate within a state.

Clearly, he violated almost every land ownership law possible. Fine him for that only, and fine him many billion, sure, but seizing BTK from him, and having Karachi govt nincompoops trying to run BTK... — painful to even imagine, and not helping the cause at all.

Re:China plans to break up Ant's Alipay and force creation o... by nomay on Monday September 13, 2021 @10:46PM (#28519606)
Every Chinese would extol their low broadband prices, like 100 RMB for 300 to 500 mbps, but what they didn't care is that the prices for businesses are startlingly high, so you have to pay to get blocky 1080p or even 720p online videos, the 300 to 500 mbps you got is merely a number when you aren't torrenting.

That's what nationalization looks like, beautiful from the outside, good luck inside of it.

Don't be too harsh to your local Chinese deliverymen, they make 1 RMB per package dreaming of buying those multimillion RMB a piece socialist condos.