It's not socialism, it's corrupt state collaboration with capitalist corporations to suppress labor. That's fascism.

   Where state, employers, and workers collaborate through formal national
   mechanisms to collectively manage the economy, prioritizing the needs of the 
   nation and protecting corporate interests while suppressing labor.

▲ phatskat 3 days ago | parent | next [-]

Technically then they aren’t wrong to equate this to the USSR - it’s important to remember that both china and Russia are “transitioning” to communism, although both are kind of stuck in the in between phase where the people who should be ushering in that change found instead that they can wield authoritarian power to enrich themselves and subjugate others.

Other side of things is you’re absolutely correct that this feels like a fascism, which is what this administration continues to feel like…over and over and over and over again

▲ markus_zhang 3 days ago | parent | prev | next [-]

It’s sad to see the top 2 are going down similar economic routes TBH.

▲ andsoitis 3 days ago | parent | prev | next [-]

> corrupt state collaboration with capitalist corporations to suppress labor.

How does the Intel thing suppress labor?

	▲	odo1242 3 days ago \| parent [-]
		Probably that it gives one company (TSMC) a bigger monopoly on chip fabrication? Not the original commenter though

▲ isodev 3 days ago | parent | prev [-]

I didn’t say socialism. There was that but late Soviet Union was mostly corruption and oligarchy… very similar to the current theme in the US gov.