There are some services in the economy you never would want to be privately owned. e.g. Firedepartment, healthcare providers, etc. These type of business are better run as a service for society, instead of these being subject to the profit motive. Look up what a privatized fire department looked like in New York. If you can't understand that, then you havent been engaging with political theory enough..
even vox
Lol
The guy that floated here was due to wanting freedom and the ability to not be owned by the state
Castro brought freedom to Cuba. Looks like your friends understanding of freedom is the same as the average Americans: Being a wageslave for 8hrs a day on average lol
I believe the US has significant deposits as well. But its one thing having deposits and another to have the manufacturing capacity to refine it. Because the cost of labour is cheaper in china the "west" decided to import it from there. It also has the added benefit for the west of exporting environmental concern and to have a boggey man to point to when it comes to implementing green energy. ("Look we can implent what we can, but as long China is being a polluter, it doesn't matter anyway)