- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
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Well, that settles it. I guess Intel really is doomed.
Grifters gonna grift
No, this is standard gov behavior for stablizing industries of bational security interest.
Its technically a good thing
Yeah, I was gonna say, as an isolated act, this seems good and also moves things a millimeter further from laissez-faire capitalism. Returns on investment could be used to help fund government operations. Having said that, if things keep going the way they have been, returns will more likely be used indirectly to displace some of the tax burden on the ultra wealthy.
Oh absolutely. Just saying on paper this is actually normal.
No one: Literally no one: Not a single American soul: That’s communism!
Interestingly, it’s actually fascism. Look at how Italy and Germany salvaged capitalism as it was crashing all around them - they artificially buoyed the big industrial companies and protected their stock prices so that the owning class could maintain the value of their portfolios.
Compare this with communism everywhere except China and it’s obvious this isn’t communism.
And when you do compare with China, you actually see the reverse situation, which is that China starts from total state control of the Commons and then slowly and incrementally creates operating space for private enterprise to develop within the confines of the communist project.
So…
Nationalization? Why do we have to buy this shitty company?
Literally seizing the means of productions! Interesting turn of events.
