The U.S. government now owns 10% of Intel. In most countries outside the Western bloc, that kind of state ownership would be labeled as Socialism.

But in the U.S., so-called Capitalists get to decide what counts as Socialism and what doesn’t. When billions go to help the poor, it’s condemned as Socialism. When billions go to bail out the wealthy, somehow it’s not.

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nudistsueaz · 61-69, F

How much of Amtrak does the government own?

nudistsueaz · 61-69, F

@nudistsueaz It isn't just Amtrak either

Jokersswild

@nudistsueaz Almost all of it. I get the point you’re making, that whenever the government runs businesses, they always fail, like the USPS or Amtrak. There’s never any accountability.

But isn’t that already a form of socialism?

nudistsueaz · 61-69, F

@Jokersswild like bailing out the car companies?

nudistsueaz · 61-69, F

Somewhat but still a long was from total socialism