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US Intel

(stratechery.com)
539 points maguay | 3 comments | 26 Aug 25 10:47 UTC | HN request time: 0.418s | source
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ModernMech ◴[26 Aug 25 13:45 UTC] No.45026492[source]▶
I don't understand how they can say Democrats are Communists while they do this. It's going to be interesting hearing everyone who spent decades spilling volumes about the evils of communism and the failure of the USSR quickly pivot to being champions of state capitalism.
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empath75 ◴[26 Aug 25 13:58 UTC] No.45026676[source]▶
I actually think the model here isn't communism, it's fascism/corporatism. They aren't nationalizing directly, they're intimidating private enterprises into compliance and cooperation.
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1. mc32 ◴[26 Aug 25 14:10 UTC] No.45026830[source]▶
I think that's an incorrect framing. A more proper framing is that some industries are key to ensuring a nation is not dependent on another for key products that ensure a dominant (not supplicant like say Ukraine) position with regard to defence and therefore independence.

This is recognized by the current administration but is also a continuation of the previous administration's pivot toward undergirding and supporting key industries. I hope it's also recognized by any subsequent administration.

I think even neocons now recognize the "new world order" is not sustainable if some players don't play by the rules that they all agreed on.

No country with an ability to avoid it wants to be subject to being held by the neck.

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2. slt2021 ◴[26 Aug 25 14:20 UTC] No.45026948[source]▶
this sounds like the situation with the Krupp Corporation
3. empath75 ◴[26 Aug 25 17:40 UTC] No.45029810[source]▶
> A more proper framing is that some industries are key to ensuring a nation is not dependent on another for key products that ensure a dominant (not supplicant like say Ukraine) position with regard to defence and therefore independence.

That was why they passed the chips act to direct this money to Intel. It has nothing to do with Trump forcing them to dilute shareholder value in order to get money that they had already been allotted by congress.