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US Intel

(stratechery.com)
539 points maguay | 1 comments | | HN request time: 0.202s | 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. ks2048 ◴[] No.45029657[source]
> And where is the example of a successful govt run business?

If you look at the list of largest companies by revenue [1], 4 of the top 6 are state-owned. (I'm not saying I support this move by Trump - and natural resources are probably different than technology, etc.. But just to answer the question).

[1] https://en.wikipedia.org/wiki/List_of_largest_companies_by_r...