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.
this post was submitted on 22 Aug 2025
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Broken clocks n what not
Is this what they thought we meant by nationalizing industries?
State capitalism with American characteristics.
Negative. This is EuroFascism, not 5-year planning for social good
I mean the US was the model for EuroFascim
Fair, but I think there's a big risk of letting this state intervention be compared with the PRC.
I see the US as basically PRC's the Wario here. :)
Right. Which I think is too close. The USA is Bowser to China's Mario. They both stomp on things. That's the end of the similarity.
Letting Intel fail would be extremely stupid. Computers are the USAs strongest advantage. It's the only place where they're undisputed world leaders and it's a huge industry. (They're also #1 in finance but finance doesn't produce value). CNBCs negative spin is ridiculous.
10% will not help Intel that much; it’s more a “get quick rich” scheme
The state is getting rich or Intel is getting rich? 10% is better than fewer percents.
Individuals will be getting very rich, and I think Intel will be gone in 6 years.
I also have no reasonable background or defense to saying it. I simply feel it in my bones, very strongly.
So you're thinking that Intel is asking for a bailout, but not intending to spend the bailout, and that the USA is signalling they'll be allowed to pocket the bailout money?
If they intend to spend the money, then the money is well spent going from tax-payers to Intel, because Intel is one of their most valuable assets after the chipmakers that are profitable.
You are responding to my gut feeling which is not backed up with facts.
I simply decided that much money, in a deal initiated by known thieves, will have fuckery afoot. People will manage, in a way unknown to me, to line their pockets.