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Re:China plans to break up Ant's Alipay and force creation o... by dageshi on Monday September 13, 2021 @01:55PM (#28514512)
If you're an entrepreneur why would you attempt anything in any industry likely to be nationalised?
Re:China plans to break up Ant's Alipay and force creation o... by toomuchtodo on Monday September 13, 2021 @02:03PM (#28514636)
This assumes the ambitious are driven purely by explosive profit potential. Counterexamples are abound.
Re:China plans to break up Ant's Alipay and force creation o... by endisneigh on Monday September 13, 2021 @02:02PM (#28514615)
Why wouldn’t you? Nationalization does not imply profit is impossible.

Not to mention the purpose of the government is to serve its citizens, not just entrepreneurs.

Re:China plans to break up Ant's Alipay and force creation o... by dageshi on Monday September 13, 2021 @02:10PM (#28514727)
Probably because raising money would be harder, would investors or venture firms weigh projects in industries likely to be nationalised lower? Probably.

Any industry likely to be nationalised would have an overall depressive effect on the number of risks taken on new products and services in that industry.

Re:China plans to break up Ant's Alipay and force creation o... by endisneigh on Monday September 13, 2021 @02:23PM (#28514883)
Yes, which is why I mentioned in my original comment that only services that are a “drain on the economy” should be nationalized.