this post was submitted on 07 Jun 2025
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[–] Gorilladrums@lemmy.world 0 points 8 hours ago

This is a very valid point. Nationalization essentially means transferring control of these companies to either Trump or congress as well giving them power to use nationalization as a tool. Not only are they horrendously incompetent but they're also sure to weaponize it. I wouldn't be surprised if Trump went on a spree nationalizing "liberal Democrat" companies or nationalizing companies that compete with his businesses.