this post was submitted on 26 Aug 2025
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Buying a stake in Intel is not socialism. It's state capitalism.
It’s corporate socialism later, when the government bails them out.
Socialism is when the workers own the means of production.
This is wrong. Socialism is not 'getting a bailout'. It is a society that has a more equitable distribution of resources. It is a kind of society where bailouts are far less likely to be needed in the first place.
Socialism is when workers control or own the means of production. How things are distributed is irrelevant.
Communism is where workers own the means of production. Socialism is proposed as a step towards communism.
Get a bettter AS.