Not Socialism

People can feel about this in many different ways but, for the name of everything holy, do not call it socialism. Socialism and fascism are not terms that should be used to describe “something I vaguely dislike and don’t know why”. Socialism means there’s no private property over the means of production. In socialism, the government would expropriate Intel, Starbucks, Amazon, and your local diner. It would take over completely. That’s socialism. And the results of it I described in the preceding post.

People need to stop being hyperbolic and dramatic. It’s not creating good results for us.

2 thoughts on “Not Socialism

  1. This is a step the US hasn’t taken since before the government sold the patents for the transistor. It’s a big deal, and it’s pretty neat to see them try to reclaim the income lost from that sale. It’s also the very definition of capitalism. I have no idea how people think otherwise.

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  2. The reason the US government has to support Intel is because the US has lost tech manufacturing leadership. This has been going on since the rise of Japan in the 80s. The latest chips are the most profitable, but older models are perfectly good for all practical purposes, so it makes sense to retain domestic manufacturing capability for strategic purposes.

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