Public ownership of companies for the benefit of the public is a form of socialism, but Trump’s fascist oligarchy serves only the wealthy elites. Oligarchs hijacking democracy for their own benefit isn’t socialism.
Beyond the greater issues of corruption, at face value there’s no reason the government buying up a company with important strategic value should be illegal
It’s basically the GM bailout but with less steps and specifically avoiding bankruptcy which seems more efficient. Not that the gov’t won’t just turn around and run Intel into the ground.
How is this legal?
Also how is not socialism? Imagine the wailing from Repugnants if the Democrats did this.
Public ownership of companies for the benefit of the public is a form of socialism, but Trump’s fascist oligarchy serves only the wealthy elites. Oligarchs hijacking democracy for their own benefit isn’t socialism.
It is socialism, between them
Now THAT’S some mental gymnastics!
Socialism is social ownership of the means of production. This ain’t it. This is Turbo Capitalism.
Beyond the greater issues of corruption, at face value there’s no reason the government buying up a company with important strategic value should be illegal
It’s basically the GM bailout but with less steps and specifically avoiding bankruptcy which seems more efficient. Not that the gov’t won’t just turn around and run Intel into the ground.