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Laura Pidcock
@LauraPidcock
The sea is on fire but some people still think capitalism can be managed. //
Except there’s a small problem with that argument, kids. You just got burned with your own narrative.
The company behind this is Pemex, a Mexican-state controlled company that formed by nationalizing private companies in 1938. Literally the opposite of “capitalism.” It’s the state seizing the means of production. Pemex also has a long history of “major industrial accidents at its facilities,” according to Reuters.
Not to mention it also has a bad record of pollution, being named one of the top polluters in the world. When the government seizes control, they run things the way government often runs anything — badly. When there’s no incentive to do things better (you know, that whole capitalism thing), you tend to get shoddy work. So, these folks who wanted to gore capitalism just pointed out a great example of why socialism is bad.