Ralf OltmannsAug 15, 2025
Jeff Jarvis
How often must we repeat this? The merger of industry and government is fascism.
The U.S. Is Discussing Taking a Stake in Intel https://www.wsj.com/tech/us-stake-intel-1ff24500?st=yDjTk9
Aug 15, 2025 at 12:12amWeb
Show threadjonathankoren™Aug 15, 2025

@jeffjarvis I’m old enough to remember giving a loan to General Motors was a communist nationalization of industry.

This stuff is just really weird shit.

Show threadMatthew MartinAug 15, 2025
@jonathankoren @jeffjarvis Yeah, I wish smarter people were planning to bail out Intel, but if all the chip making ends in the US, the US military will be in the position of the Russian military, depending on their enemies to provide military equipment
Show threadKanaMaunaAug 15, 2025

@jonathankoren @jeffjarvis

I was just going to say the exact thing. Pisses me off that I had friends and relatives brainwashed over that.

Show threadPuppetheadAug 15, 2025
@jonathankoren @jeffjarvis Hard to tell the difference between a government "taking a stake in" (fascism) and "seizing the means of" (communism)...
Show threadPossumanthaAug 15, 2025
@jeffjarvis we should nationalize healthcare instead.
Show threaddontonyAug 15, 2025
@jeffjarvis and not even taking into account all the new backdrops that will probably mandated.
Show threadcultdevAug 15, 2025
@jeffjarvis funnily enough it’s also basically trump contriving the CCPization of america
Show threadToni AittoniemiAug 15, 2025
@jeffjarvis Yes it is! Before he settled on the name, one of the versions Benito Mussolini used to describe his politics was ”Corporatism”.
Show threadHTPC NZAug 15, 2025
@jeffjarvis sorry if government is putting money into a failing company as bailout, then taking a stake in return, how is that fascism? That's good business sense to protect tax payers investment. Imagine if NASA had taken a stake in SpaceX for funding the development of early rockets like what other VCs were doing at the time, then a private company run by a fElon would have had NASA as their biggest shareholder and not be in a position to put national security under threat.
Show threadLBeaudouxAug 15, 2025

@jeffjarvis Contrary to popular belief, fascists (and Nazis in particular) did not nationalise industries. The owners of these companies were relieved to see any socialist threat finally eliminated and willingly collaborated with the fascist authorities.

It is the position of sovereignists that there should be some control over strategic industrial assets in order to avoid complete reliance on foreign technologies.