• Bane_Killgrind@lemmy.dbzer0.com
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    22 hours ago

    And it’s communism.

    COOOOOOOOMMMUUUUUUNIIIIIIISSSSSMMMMMMMM!!!

    This ain’t gonna be that buddy, this is capitalist maneuvers the whole way. Either funds will be shoveled into private pockets or the value of this will be juiced to support the extrajudicial shit that’s going on.

    • FauxPseudo @lemmy.world
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      21 hours ago

      Prior to a week ago every conservative was 100% against any form of government corporate ownership. They hated TARP, Solyndra and quantitative easing. They went so far as to want to privatize social security and the post office. Countless hours have been spent justifying all of this and it was baked into their identity that it was all bad in any flavor.

      Then, suddenly, Trump is for it and they fall into line without a moment of cognitive dilemma. Cult mentality. They cared about communism before and suddenly they don’t and they haven’t given us a reason. They haven’t admitted their change.

                • FauxPseudo @lemmy.world
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                  18 hours ago

                  The government holding ownership stakes in companies. If so, have you been in favor for a long time or did it start this week? Because I’m focusing on the people that just recently adopted this position after years of opposition to anything that even smelled like government interfering with business.

                  • Bane_Killgrind@lemmy.dbzer0.com
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                    18 hours ago

                    I never took a stance on it.

                    Examples of federal Crown corporations include: the Canadian Broadcasting Corporation Canada Post

                    These are fine, fairly high quality in terms of service. And I guess in general these two having revenue streams and self funding mean that I don’t pay taxes to run a national broadcaster and our postal service.

                    I would rather not have junk mail or advertisements in our public broadcasts. I would have to look at numbers to say whether the taxes are a worthwhile trade-off.

                    I do not want news or mail to only have corporate owned options, because then capitalist interests would have a much heavier influence on communications is Canada. I wish we had a national crown ISP, for the same reason.

                    In Canada, state-owned corporations are referred to as Crown corporations, indicating that an organization is established by law, owned by the sovereign (either in right of Canada or a province), and overseen by parliament and cabinet.

          • xep@discuss.online
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            20 hours ago

            If the government owns every company, maybe you have communism, but most likely what you have is autocracy. If the government owns a 10% stake of one company, that’s some nationalisation. There are good reasons for it in capitalism, such as for regulating natural monopolies. I’m not sure Intel falls into "good reasons,’ since it appears to me to be some kind of corruption.

            • FauxPseudo @lemmy.world
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              19 hours ago

              10% for now. Trump always changes his mind. One company for now. Except the 15% tax that exists only on Nvidia. 15% for now. Trump always changes his mind.

              Broken record: if Biden or Obama did this the same MAGA people making excuses would be decrying this government overreach. And what happens when Trump isn’t in office anymore? When a Dem embraces and extends this governor power grab?