Comment by andsoitis
11 hours 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...
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.
> 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?
It's not if you now live in a (if not soon) dictatorship.
Calling VOC an offshoot of a western government with any modern relevance is a HUMONGOUS stretch
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