cross-posted from: https://lemmy.world/post/34838045
U.S. government takes 10% stake in Intel, as Trump expands control over private sector
https://www.cnbc.com/2025/08/22/intel-goverment-equity-stake.html
https://www.cnbc.com/2025/08/22/intel-goverment-equity-stake.html
cross-posted from: https://lemmy.world/post/34838045
3 Comments
Thesilverpig@lemmy.ml · 8 pts · 361d
Is this what they thought we meant by nationalizing industries?
DarkAri@lemmy.blahaj.zone · 0 pts · 361d
Cowbee@lemmy.ml · 4 pts · 360d
As usual, capitalism in decay will rely on the bourgeois state to rescue it from the horrendous inefficiency of markets under a privately dominated economy. This is the correct stance, moreso than the tarriff nonsense, but the US Empire is an imperialist bourgeois dictatorship and as such nationalization needs to be analyzed within that context. The US Empire isn't a socialist state like the PRC, it isn't owned and run by the workers.
solidsnake@lemmy.ml · 2 pts · 360d
Broken clocks n what not