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Branding nationalizing companies as “citizens control” is quite the spin. Chinese citizens surely own the means of production, right?
by fach 1y ago
Branding nationalizing companies as “citizens control” is quite the spin. Chinese citizens surely own the means of production, right?
- bongodongobob 1y agoNationalizing a company isn't communism and isn't intended to resemble it.
- sanex 1y agoHow is that not common/collective control of the means of production?
- thaumasiotes 1y agoWhat would common or collective control mean? If everyone held "control" in common, it wouldn't be possible to do anything. It is possible to nationalize a company, though. For example, Saudi Aramco is owned by the state. How is that not common/collective control of the means of production?
- sanex 1y ago1. A central government taking ownership of a company in lieu of everyone owning a share. 2. It is.
- yunohn 1y agoIndeed, it’s actually a horrific non-communist pro-capitalist version that leaves citizens much worse off - see “bailout socialism for the rich and rugged individualism for masses”.
- harimau777 1y agoI suppose that depends on whether said country is a democracy where citizens control the government or a dictatorship where they do not.