“Democracy sustains capitalism. Capitalism thrives in a democracy. And, right now, we are dealing with, as I called him at my speech on the Ellipse, a tyrant,” she said, referencing her rally last year on the White House Ellipse in Washington. “We used to compare the strength of our democracy to communist dictators. That’s what we’re dealing with right now in Donald Trump. And these titans of industry are not speaking up,”
He stole 10% of Intel. You really think we as a nation are going to see any of that? At least communists like Mao and Stalin weren’t doing terrible things just to enrich themselves.
Does he personally own 10% of Intel now? Or does the US government? From my understanding it’s the government, which makes it a kind of partial nationalisation.
It was absolutely a dirty deal, and Trump and his flunkies are enriching themselves, but I don’t see how Intel is enriching them.
Even so, it smells more of the kind of incestuous business-government relationship you get in fascism than the nationalisation for the people you get in socialism/communism. The US govt now has a special interest in one particular corporation that can be counted upon to do its bidding without a legal framework, while Intel can count on special treatment from the government while still being mostly privately owned.
But that’s not going to stop me from throwing this nationalisation in the faces of anti-socialist Trump supporters. Let them figure out and explain it’s more like fascism than socialism.