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February 26, 2006
Property Rights
I gather there is some concern in America about an “Arab” company taking control of their ports. I don’t see what the fuss is: what difference does the nationality of the shareholders make? The Polish government is also worried about foreign ownership, of banks, in particular. Apologies for the why-oh-why’s but why can’t capitalists accept the consequences of private ownership and the free flow of capital? If you allow private ownership of banks, ports, military research companies, governments etc… then you have to accept that the owners may have their own plans.
See Dennis the Peasant for some research on the topic.
Posted by hgrodsk at February 26, 2006 09:20 PM