If nationalization of industry puts production into the hands of a state bureaucracy or some sort of Leninist-style vanguard party, then you’d just have another system of exploitation, in my view. On the other hand, if nationalization of industry was based on actual popular control over industry—workers’ control over factories, community control, with the groups maybe federated together and so on—then that would be a different story. That would be a very different story, in fact. That would be extending the democratic system to economic power, and unless that happens, political power is always
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