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The Sunday Debate: Is the federal government's purchase of a 10 percent stake in Intel a socialist move?

www.nytimes.com

nytimes.com

a very short "summary" of two opposing views. but why is this even up for debate and where is the actually socialist perspective here- that's government ownership not workers' ownership-

Yes. In practice, socialist governments have seized the means of production and directed the economy through central planning. “The government owning part of Intel is, on some level, socialism. It’s at least socialism-ish!” Robby Soave writes for The Hill.

No. The United States has a long history of getting involved in company ownership for the purpose of staying competitive with rival nations. “When America faced an international communist threat sponsored by Moscow, conservatives knew absolute devotion to free markets was self-defeating,” Daniel McCarthy writes for The Daily Signal.

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