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[-] sp3ctr4l@lemmy.dbzer0.com 2 points 6 days ago* (last edited 6 days ago)

You didn't read the article, or you didn't understand it.

The US Govt would not pay a cent for the shares of these companies.

It would simply seize them, half-nationalize them.

That... that is 'socialism', a form of it, that's the government deciding that wealthy private equity/stock owners actually don't own that stuff, because 'we are the government and this is ours now.'

This is... is a form of what the US has previously used the CIA to overthrow a number of other country's governments for, when they did something like this.

[-] Footer1998@crazypeople.online 1 points 6 days ago

i understand it. it's insufficient wishy washy bullshit

[-] sp3ctr4l@lemmy.dbzer0.com 2 points 6 days ago

You clearly do not understand what socialism in practice actually means or has historically looked like, so no, no you do not understand the words you are using.

[-] Footer1998@crazypeople.online 1 points 6 days ago* (last edited 6 days ago)

socialism isn't where a minority share of a single small sector of a single industry which is guaranteed to crash in the near future are socially owned, for fucks sake. you do not know better than me

[-] sp3ctr4l@lemmy.dbzer0.com 2 points 6 days ago* (last edited 6 days ago)

... Socialism is a process, a path toward an equitable classless society.

There have been many variations of what that path should look like, throughout the history of socialist movements.

'Minority share' is a funny way to refer to 'a 50% share'.

The phrase you are looking for is 'controlling interest', as nothing can happen in the board level that you do not approve.

If the stocks and companies go to zero... well the government took them by force, (thats what nationalizing is), costing them no money.

So the net loss is 0.

So again, you don't understand the words you are using.

[-] Footer1998@crazypeople.online 1 points 6 days ago

look, you can disagree with me, but you can fuck right off with your "oh you dont understand words" you fucking pretentious cunt

[-] sp3ctr4l@lemmy.dbzer0.com 2 points 5 days ago

I can actually just keep doing this.

You've objectively displayed, repeatedly, that you don't know what you're talking about.

You should maybe learn what the words you are using actually mean.

Or, you can curse at me like a child that's just recieved a bad grade on their writing assignment.

this post was submitted on 02 Jun 2026
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