Hello and welcome to the Reason Roundtable.

This is your weekly libertarian take on news and culture from the editors of Reason magazine.

If you are tired of the terrible choices offered by today's politics, you have come to the right place.

I'm your host, Peter Souterman, and today I am joined by my illustrious colleagues,

Catherine Mangued Ward, Nick Gillespie and Matt Welch, the whole band's back together.

Everybody say hello.

Howdy.

Hi.

Hi, I would say hi, but I'm busy adjusting my volume for your screaming.

But yes, go on.

That wasn't screaming.

We bring it volume as a benefit.

That's part of the podcast.

Happy Monday.

Let's start with a segment that I want to call a Banana republic, if you can keep it.

One of the things you see in banana republics, one of the clearest marks of petty authoritarianism

is these authoritarians just nationalized stuff.

Important industries.

Industries that a country should be proud of.

Businesses, the leader just wants to claim as his own under the guise of making it for the people.

To be fair, sometimes they don't literally nationalize things. They just exert so much control

via regulation, tax policy, whatever it is, that it might as well be nationalized, which brings

...