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Western governments have taken a stake in, nationalised, or owned / operated corporations for a very long time! Some examples: VOC, BBC, national airlines, etc
by andsoitis 1y ago
Western governments have taken a stake in, nationalised, or owned / operated corporations for a very long time!
Some examples: VOC, BBC, national airlines, etc.
List across countries: https://en.wikipedia.org/wiki/List_of_government-owned_companies https://en.wikipedia.org/wiki/List_of_government-owned_compa...
US specific: https://en.wikipedia.org/wiki/State-owned_enterprises_of_the_United_States https://en.wikipedia.org/wiki/State-owned_enterprises_of_the...
- legitster 1y agoMost of these were done under duress or specifically for public goods (BBC, for example). Taking an ownership stake in broad daylight for political favors is very much unprecedented in the modern economy.
- delfinom 1y agoIt's not if you now live in a (if not soon) dictatorship.
- andsoitis 1y ago> Most of these were done under duress So the Intel case not done under duress? > Taking an ownership stake in broad daylight for political favors The article didn’t spell it out or maybe I missed it but what political favors?
- gddgb 1y ago[dead]
- JackYoustra 1y agoCalling VOC an offshoot of a western government with any modern relevance is a HUMONGOUS stretch