this post was submitted on 03 Feb 2025
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His supporters now love socialism.
Seems more like the standard fascist approach to me. It's probably not going to stay government owned.
Demonize a minority group
Government takes control of businesses owned by members of that minority
Government gives control of the business to (typically larger) businesses owned by the dominant group, allowing them to artificially produce growth (what Zucc is likely aiming for)
Narrow the scope of who is accepted in the dominant group, move on to the next minority, and repeat.
This is why communists often describe fascism as "capitalism in decay." Because of the tendency of the rate of profit to fall, it becomes harder and harder for companies to find new ways of producing growth, and have to find methods that aren't involved with actually increasing productivity, which is where you get enshittification. The fascist economic solution is obviously unsustainable, it's like eating your own arm, but corporations that are desperately focused on short term growth (the vast majority of them) will happily sign on.
Socialism, otoh, is not about finding more stuff to feed into corporations, but, upon reaching that point, transforming the economy to remove the need for endless growth through nationalization. But socialism is not synonymous with nationalization, especially when the nationalization is selectively targeted and (most likely) temporary.
Yes think of it more akin to what the Germans did to companies that failed or that they didn’t like during WW2.
Very similar premise.
That's not socialism. It's state capitalism. Socialism would mean the workers owned (and controlled, not just nominally owned) the means of production.