Robert Weissman points out it is still possible for government-owned companies like GM to be directed toward producing public goods, like mass-transit. Rob also suggests that there's no reason the government couldn't operate a publically-owned bank through Citi-group and not rip people off or use other predatory practices. If anything, this would, like unions, put pressure on the private sector to change. Then there is how the government could encourage sustainable development by investing in key industries for the public good (like green energy, high-speed rail and others). Rob points out how Texas is one of the leading producers of wind-power because of State-level investment.
- KBOO