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US Intel

(stratechery.com)
539 points maguay | 1 comments | | HN request time: 0s | source
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felipeerias ◴[] No.45026495[source]
Is this the beginning of the US sovereign fund?
replies(3): >>45026708 #>>45027831 #>>45027837 #
Telemakhos ◴[] No.45026708[source]
That's what is being said. The Intel stake is a first step to a US sovereign fund that will include ownership stakes in many corporations.
replies(1): >>45026896 #
slt2021 ◴[] No.45026896[source]
is merging interests of the state and corporations marks a return to good ole fascism ?

or is it just an alternative way of taxing capital? instead of taxing wealth and capital, just take an equity stake in it ?

replies(4): >>45027009 #>>45027014 #>>45027059 #>>45033318 #
1. nemomarx ◴[] No.45027014[source]
Nationalized companies don't necessarily mean socialism or fascism but fascists did like giving the state fairly tight ownership and control of companies. It depends on how they handle that - if you see Trump loyalists embedded in lots of boards or top down instructions given to industry that might be a sign.