THE HILL IS SUDDENLY COOL WITH NATIONALIZING SOCIALISM: Why we must nationalize Big Oil.

In one scenario, the federal government could buy a controlling interest in the three most dominant oil companies, ExxonMobil, Chevron and Conoco. The cost would be around $350 billion, a trivial amount compared with unmitigated climate change or the $5 trillion the government spent on COVID-19 relief, the nation’s defense budget this year ($778 billion), or fossil fuels’ $630.5 billion annual damages to public health and the environment.

The federal government typically nationalizes companies to save them. In this case, it must nationalize Big Oil to save us all from a future we don’t want.

Why has The Hill started working Salon.com’s side of the far left aisle?

● “Let’s nationalize Fox News: Imagining a very different media…Excerpted from ‘Imagine: Living in a Socialist USA.’

—Salon.com, January 18, 2014.

● Like [the late communist Pete] Seeger and the FDR cargo cult, Salon also harbors turn-the-clock-back fantasies of their own: Last month, the publication called for the nationalization of the news media because it was uncomfortable with the glut of right-leaning news and opinion led by — you guessed it! — Fox News. (Hmmm — I wonder if someone in the FCC read that article?) Now the Website wishes to turn the clock back on the film industry because of a perceived glut of independent films.

—Easy Riders, Raging Stasists, Ed Driscoll.com, February 22, 2014.

● “Let’s nationalize Amazon and Google: Publicly funded technology built Big Tech. They’re huge and ruthless and define our lives. They’re close to monopolies. Let’s make them public utilities.”

—Salon.com, July 8, 2014.

In any case, as Charles Cooke asked in 2016, “Herewith, an under-asked question for our friends on the progressive left: ‘Has Donald Trump’s remarkable rise done anything to change your mind as to the ideal strength of the State?’”