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A comment on US to ban transactions with ByteDance and WeChat in 45 days. Parent comment

Re:US to ban transactions with ByteDance and WeChat in 45 days by hakka-nyu-su on Friday August 07, 2020 @09:31AM (#24081580)
Yeah, the tea and herbs part is the first part, near the middle and end you start to see things like heavy industry.

There's a Marxist concept called "commanding heights of the economy" which refers to things like public utilities and transportation.

Theoretically a socialist government can retain control of this limited set of industries while letting foreign capital develop the others, so that the capital can't totally control the government.

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Re:US to ban transactions with ByteDance and WeChat in 45 days by pbhjpbhj on Friday August 07, 2020 @10:12AM (#24082027)
If (!) the government were democratic that would seem sensible, otherwise Capitalists get to control the government and the demos rule is subverted.
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