Not when the government steps in because OpenAI, NVIDIA, Microsoft, etc are all going down together. There is so much pseudo-money-laundering going on between those companies. I would be shocked if the government (e.g. 2008 style socialism for the rich) steps in to make them “too big to fail”.
Nope, workers don't own the means of production -- this is the dictatorship of the bourgeoisie, baby.
Not at all. This is capitalism.
Something something true capitalism has never been tried before
Not when the government steps in because OpenAI, NVIDIA, Microsoft, etc are all going down together. There is so much pseudo-money-laundering going on between those companies. I would be shocked if the government (e.g. 2008 style socialism for the rich) steps in to make them “too big to fail”.
Microsoft and Nvidia aren't going down.
Their stock prices might go down but they're not going down.
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still capitalism
No, this is Sparta
Bailouts are not capitalism
They are if they happen under capitalist states, which is what the US is.
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Queues are not socialism?
In unconstrained socialism, a small group of powerful individuals use government control of corporations for their personal benefit.
In unconstrained capitalism, a small group of powerful individuals use corporate control of government for their personal benefit.
Clearly, these outcomes are completely different.
"unconstrained socialism" is kind of an oxymoron, isn't it?
Exactly - private profits, public losses, is quintessential neoliberal capitalism.
But it's happening in the biggest capitalist country in a capitalist world