3 ms·

I'd rather the citizens control the companies than the other way around.

• fach 1y ago
  Branding nationalizing companies as “citizens control” is quite the spin. Chinese citizens surely own the means of production, right?
  • bongodongobob 1y ago
    Nationalizing a company isn't communism and isn't intended to resemble it.
    • sanex 1y ago
      How is that not common/collective control of the means of production?
      • thaumasiotes 1y ago
        What would common or collective control mean? If everyone held "control" in common, it wouldn't be possible to do anything. It is possible to nationalize a company, though. For example, Saudi Aramco is owned by the state. How is that not common/collective control of the means of production?
        • sanex 1y ago
          1. A central government taking ownership of a company in lieu of everyone owning a share. 2. It is.
    • yunohn 1y ago
      Indeed, it’s actually a horrific non-communist pro-capitalist version that leaves citizens much worse off - see “bailout socialism for the rich and rugged individualism for masses”.
  • harimau777 1y ago
    I suppose that depends on whether said country is a democracy where citizens control the government or a dictatorship where they do not.