No, Trump’s Intel Stock Purchase Is Not Socialism

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No, Trump’s Intel Stock Purchase Is Not Socialism

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Agrajag to

politics @lemmy.worldEnglish · 1 year ago

Democrats are freaking out over the federal government taking a 10% equity stake in Intel, accusing Donald Trump of “socialism.” But the purchase of these nonvoting shares does not give the government any meaningful control over the company.

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Archangel1313@lemmy.ca
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1 year ago
This is more an example of croney capitalism, than socialism.

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