← Back to context

Comment by bongodongobob

15 hours ago

Nationalizing a company isn't communism and isn't intended to resemble it.

How is that not common/collective control of the means of production?

  • What would common or collective control mean? If everyone held "control" in common, it wouldn't be possible to do anything.

    It is possible to nationalize a company, though. For example, Saudi Aramco is owned by the state.

    How is that not common/collective control of the means of production?

    • 1. A central government taking ownership of a company in lieu of everyone owning a share. 2. It is.

Indeed, it’s actually a horrific non-communist pro-capitalist version that leaves citizens much worse off - see “bailout socialism for the rich and rugged individualism for masses”.