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andsoitis 3 days 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_compa...

US specific: https://en.wikipedia.org/wiki/State-owned_enterprises_of_the...

legitster 3 days ago | parent | next [-]

Most 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.

andsoitis 3 days ago | parent | next [-]

> 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?

delfinom 3 days ago | parent | prev [-]

It's not if you now live in a (if not soon) dictatorship.

JackYoustra 3 days ago | parent | prev | next [-]

Calling VOC an offshoot of a western government with any modern relevance is a HUMONGOUS stretch

gddgb 3 days ago | parent | prev [-]

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