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US to take 10% equity stake in Intel
(www.reuters.com)
Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
In this community everyone is welcome to post links and discuss topics related to privacy.
much thanks to @gary_host_laptop for the logo design :)
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.
State capitalism is when the government has controlling stakes/legislation in all major economic actors, ensuring they pursue government objectives, while still allowing the capitalists involved to extract the major share of profits.
A real world example is China.
Very correct, thank you.
They already control the companies. Top down orders occasionally come down making that clear