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US Intel

(stratechery.com)
539 points maguay | 1 comments | 26 Aug 25 10:47 UTC | HN request time: 0s | source
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felipeerias ◴[26 Aug 25 13:46 UTC] No.45026495[source]▶
Is this the beginning of the US sovereign fund?
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Telemakhos ◴[26 Aug 25 14:00 UTC] 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 ◴[26 Aug 25 14:16 UTC] 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 #
nyc_data_geek1 ◴[26 Aug 25 14:26 UTC] No.45027009[source]▶
"Fascism should more properly be called Corporatism because it is the merger of state and corporate power.” — Benito Mussolini
replies(2): >>45027129 #>>45027551 #
1. wat10000 ◴[26 Aug 25 14:34 UTC] No.45027129{3}[source]▶
"Corporate" in that quote refers to groups consisting of something like entire industries, including employees and employers, like a guild. It doesn't refer to a business legally recognized by the state as the word is commonly used today.