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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 1 comments | 22 Aug 25 21:01 UTC | HN request time: 0.211s | source
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softwaredoug ◴[22 Aug 25 21:45 UTC] No.44990223[source]▶
I’m pretty sure that’s socialism
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impossiblefork ◴[22 Aug 25 22:18 UTC] No.44990555[source]▶
Socialism would be worker ownership.

This is simply state ownership of what's seen as a strategic business. It's an abandonment of market dogmatism, but not a step towards any of the many ideologies or positions where markets have a smaller role.

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softwaredoug ◴[23 Aug 25 01:58 UTC] No.44992299[source]▶
So by that logic, state provided healthcare is not socialism. But a labor union providing health insurance is socialism.

Can we get some of that state owned health care :-p

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1. marcosdumay ◴[23 Aug 25 02:30 UTC] No.44992520[source]▶
> So by that logic, state provided healthcare is not socialism.

Well, it's not. It's only socialism if the state decides to provide it for everybody.

A state-owned corporation isn't necessarily socialism.

(And yeah, you say it like if it's a bad word...)