Re:U.S. government takes 10% stake in Intel
by bongodongobob on Friday August 22, 2025 @09:28PM
(#44992089)
I'd rather the citizens control the companies than the other way around.
[ Parent
| on HN ]
Branding nationalizing companies as “citizens control” is quite the spin. Chinese citizens surely own the means of production, right?
Re:U.S. government takes 10% stake in Intel
by harimau777 on Friday August 22, 2025 @11:03PM
(#44992722)
I suppose that depends on whether said country is a democracy where citizens control the government or a dictatorship where they do not.
Re:U.S. government takes 10% stake in Intel
by bongodongobob on Friday August 22, 2025 @09:59PM
(#44992309)
Nationalizing a company isn't communism and isn't intended to resemble it.
How is that not common/collective control of the means of production?
Re:U.S. government takes 10% stake in Intel
by thaumasiotes on Saturday August 23, 2025 @05:12AM
(#44994558)
What would common or collective control mean? If everyone held "control" in common, it wouldn't be possible to do anything.
It is possible to nationalize a company, though. For example, Saudi Aramco is owned by the state.
How is that not common/collective control of the means of production?
Re:U.S. government takes 10% stake in Intel
by sanex on Saturday August 23, 2025 @08:15AM
(#44995421)
1. A central government taking ownership of a company in lieu of everyone owning a share.
2. It is.