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What's the term for when the government owns all the industries?
by mullingitover 7y ago
What's the term for when the government owns all the industries?
- lotsofpulp 7y agoAlso, what is it when everyone owns them (in varying ownership percentages of course) via index ETFs?
- indigo945 7y agoMarx was wrong not about if, but about how the workers would take control of the means of production!
- lotsofpulp 7y agoThat's the beauty of it, since the workers still don't control the means of production. But they do depend on the valuation of their "portfolios", so they're invested in the continued existence of the system, and they're pitted against each other as they are both labor and owners. But not enough owners to matter.
- tclover 7y agoFED is not the government