It's very very very funny to see the LIBERTARIANS defending this state intervention in private companies! Their great theorist Mises ended up in Hell in vain. No one read him 😂🤣
Alfredo Gimenez
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This is for those who claim to be capitalists, admire Donald Trump, and abhor the State's participation in the Economy.
After pressuring Intel and threatening the job of its CEO, Trump managed to get the U.S. to acquire 10% of Intel's shares. But that wasn't all:
Donald Trump inserted the government into other U.S. companies, including taking a stake in U.S. Steel and pressuring for a share of the revenue from Nvidia and the CHINESE Advanced Micro Devices (AMD). Last month, the Pentagon announced that it was acquiring a 15% stake in MP Materials, a major American rare earth mining company.
As for Intel, it agreed on Friday, 22, to allow the U.S. government to acquire 10% of its company, valued at US$$ 8.9 billion.
I remember a similar movement of association between State and Companies in Capitalism only in Germany in the 1930s, after the rise of a certain historical figure. Including with the same tactical and ideological objectives.
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