US to take 10% equity stake in Intel, in Trump’s latest corporate move. What are you thoughts on this from a privacy standpoint? I’m not close to being an expert on this tech, but can the US Government exploit this?
US to take 10% equity stake in Intel, in Trump’s latest corporate move. What are you thoughts on this from a privacy standpoint? I’m not close to being an expert on this tech, but can the US Government exploit this?
You are confusing socialism with communism.Socialism is owning infrastructure like roads, electricity and water supply etc.Communism is owning private entities with the goal of full control of all means of production.
This is a step towards communism and not socialism.
Edit: OP edited it to communism. I respect that.
I want to add:
That being said above, the US goal is not communism. It is to control all powerful companies like Russia does. I dont know what it’s called, but it’s not communism, as that will require no ownership at all.
This move by the US is also no different that China owning parts of Huawei.
They already control the companies. Top down orders occasionally come down making that clear