Otherwise this bullshit cycle of piratisations and re-nationalisations (i.e. right-wing handouts to favoured groups) is going to continue indefinitely.

It is no longer a case of either Public = "State owned", or Private = "owned by a (Joint Stock Limited Liability) Company or 'Corporation' ".

It is in fact quite possible to use trust or partnership law frameworks, instead of company law, to "unitise" production, or revenues from sale of production of assets in public ownership.

It's in this "Both/And" space that the solution lies, IMHO, in new "Open" forms of Capital of indefinite duration.

So this bullshit cycle won't continue indefinitely: it will end indefinitely.