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by thankyoufriend 237 days ago
I think myself and the other poster are mainly taking issue in your use of a specific term "socialism." I think you could argue that if the US owned 51% stake in Intel, you could argue that would be socialism. I've heard the term "socialize" applied in similar conversations such as "privatize the profits, socialize the losses," which I believe is a more accurate rephrasing of your original point.