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US Intel

(stratechery.com)
539 points maguay | 1 comments | | HN request time: 0.205s | source
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bawana ◴[] No.45027248[source]
How is this ‘equity stake’ different than nationalization? (The thing that soviet socialism did to russian property and business a hundred years ago). After all the government prints the money. So instead of just taking control of a company the govt prints the money to buy it. Isnt it the same thing?

And where is the example of a successful govt run business?

Why dont we encourage businesses here w free trade zones?

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1. kube-system ◴[] No.45028142[source]
It is a minority stake so they won't "control" Intel in the way we typically associate with "nationalized" businesses.

> And where is the example of a successful govt run business?

This is a bit of a loaded political question until you first define "success" and "business". Most of the reasons you'd even want a company to be run by the government in a mixed-market economy are precisely because you want it to be run differently than a private company.