The alternative was a gift of tax dollars to a private corporation. The prior congress and prior president authorized gifts to tech companies. Trump turned part of it into an investment. One of those things is socialism (gifts of tax dollars), one of those is capitalism (purchasing shares).
AyeMatey on
National socialism
adoughoskins on
Then you should be happy with it.
jh937hfiu3hrhv9 on
It’s fascism, not socialism. Learn the difference.
gym_fun on
It’s neither socialism nor state capitalism. It’s called neo-mercantilism.
Chipmaking is a world of national teams. The US team pairs with the Taiwanese team, but the Taiwanese team is geographically too close to China, who has threatened invasion and annexation.
In particular, TSMC has a minority, non-controlling stakes from the Taiwan government, and it is the GOAT and winner. Taiwan is a liberal democracy.
5 Comments
The alternative was a gift of tax dollars to a private corporation. The prior congress and prior president authorized gifts to tech companies. Trump turned part of it into an investment. One of those things is socialism (gifts of tax dollars), one of those is capitalism (purchasing shares).
National socialism
Then you should be happy with it.
It’s fascism, not socialism. Learn the difference.
It’s neither socialism nor state capitalism. It’s called neo-mercantilism.
Chipmaking is a world of national teams. The US team pairs with the Taiwanese team, but the Taiwanese team is geographically too close to China, who has threatened invasion and annexation.
In particular, TSMC has a minority, non-controlling stakes from the Taiwan government, and it is the GOAT and winner. Taiwan is a liberal democracy.