Nationalization does not ensure national security

By Bonnie Kristian

“The problem in Venezuela,” President Trump declared before the United Nations assembly in September, “is not that socialism has been poorly implemented, but that socialism has been faithfully implemented.” Such authoritarian economics have always “delivered anguish and devastation and failure,” he continued, and advocates “of these discredited ideologies only contribute to the continued suffering of the people who live under these cruel systems.”

Trump would do well to give that speech another read amid reports his team is considering nationalizing the United States’ 5G wireless network on grounds of national security. A Sunday evening Axios report, sharing a leaked memo and PowerPoint presentation authored by a senior National Security Council member, describes a potential plan for Washington to build and control the next generation in wireless connectivity, “an unprecedented nationalization of a historically private infrastructure.”

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