Very much so. The mining companies spent only $7 million of a $100 million war-chest that they had put aside for the campaign. The only thing the government could do was to cut a deal.
From the experience the argument for total social ownership is stronger. If they act like in a monopolistic fashion, they ought to be treated as such.
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Date: 2010-07-07 11:36 pm (UTC)From the experience the argument for total social ownership is stronger. If they act like in a monopolistic fashion, they ought to be treated as such.