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this post was submitted on 27 Aug 2025
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Technology
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If the government owns every company, maybe you have communism, but most likely what you have is autocracy. If the government owns a 10% stake of one company, that's some nationalisation. There are good reasons for it in capitalism, such as for regulating natural monopolies. I'm not sure Intel falls into "good reasons,' since it appears to me to be some kind of corruption.
10% for now. Trump always changes his mind. One company for now. Except the 15% tax that exists only on Nvidia. 15% for now. Trump always changes his mind.
Broken record: if Biden or Obama did this the same MAGA people making excuses would be decrying this government overreach. And what happens when Trump isn't in office anymore? When a Dem embraces and extends this governor power grab?