Socialism is the form of economics in which the government controls the means of production. The Trump administration now controls 10% of Intel and is looking to buy shares in other private corporations. How is that not creeping socialism? “The United States government’s 10 percent stake in Intel could harm international sales for the semiconductor […]

“Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership,” Intel Newsroom SANTA CLARA, Calif.– Intel Corporation today announced an agreement with the Trump Administration to support the continued expansion of American technology and manufacturing leadership. Under terms of the agreement, the United States government will make an $8.9 billion investment […]

A counter argument by Robert Reich about Pres. Joe Bidens 2021 CHIPS Act. Why Did the US give away $52bn to corporations like Intel? by Robert Reich The Guardian Congress will soon put final touches on the Chips Act, which will provide more than $52bn to companies that design and make semiconductor chips. The subsidy is […]