zlacker

Branding nationalizing companies as “citizens control” is quite the spin. Chinese citizens surely own the means of production, right?

>>fach+(OP)
Nationalizing a company isn't communism and isn't intended to resemble it.

>>bongod+71
How is that not common/collective control of the means of production?

>>fach+(OP)
I suppose that depends on whether said country is a democracy where citizens control the government or a dictatorship where they do not.

>>bongod+71
Indeed, 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”.

>>sanex+i3
What 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?

>>thauma+oB
1. A central government taking ownership of a company in lieu of everyone owning a share. 2. It is.