No, there’s nothing socialist about this. It is literally Fascism.
No, there’s nothing socialist about this. It is literally Fascism.
Sen. Rand Paul = Trump’s plan for the U.S. government to take a stake in Intel. “If socialism is government owning the means of production, wouldn’t the government owning part of Intel be a step toward socialism? Terrible idea,” Fascism is having a totalitarian state led by a single ruler or party
1. Socialism is not the “government” owning the MoP 2. A share in a privately owned business is not ‘control of the means of production’ 3. The symbiosis of capital and power to their mutual benefit, as in this case, is called fascism
I even quoted Bernie and Rand Paul 🙄
I was disagreeing with Rand Paul’s characteristically obtuse take on the situation, rather than taking task with you personally :)
The word was coined, and defined, by a guy called Mussolini. Look him up. He also called it “corporatism”.
If you hold the controlling block of shares you effectively own the company. It doesn’t have to be the majority of shares.