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New at Reason: Shikha Dalmia on Nationalizing BP

Soon after the Gulf gusher started spewing its toxic muck, many figures on the left demanded that the federal government seize BP’s assets. But as Shikha Dalmia explains, the harsh truth is that neither the government nor the company can make the victims of the spill whole again. Indeed, the absolute worst thing one could do to them is consign them to the tender mercies of a government-controlled BP.

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