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335 points aspenmayer | 1 comments | | HN request time: 0.233s | source
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dijit ◴[] No.45010451[source]
What's the old saying?

It's capitalism when you're winning, and socialism if you're losing.

Or: "Privatised profits, socialised losses".

I understand why in this case, Intel is very much in bed with the US Government and likely makes a strong case for being a national security interest, but it feels icky.. especially as AMD is an American company too.

If the issue is the node fabrication then why wasn't their an investment in Fabs before now? Intel got its big start on government grants iirc.

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jimt1234 ◴[] No.45010701[source]
> If capitalism is so great, then why does it need to be rescued by socialism every ten years?

Not sure where I read that (I think it was some dude's Tweet), but it seems relevant here.

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1. mettamage ◴[] No.45012952[source]
Capitalism is socialism...

for some of the big giant corporations.

I mean, they are critical to the functioning of society after all, right?

The free market is dead in many industries.

Long live capitalism.