Comment by fach
Branding nationalizing companies as “citizens control” is quite the spin. Chinese citizens surely own the means of production, right?
Branding nationalizing companies as “citizens control” is quite the spin. Chinese citizens surely own the means of production, right?
Nationalizing a company isn't communism and isn't intended to resemble it.
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?
I suppose that depends on whether said country is a democracy where citizens control the government or a dictatorship where they do not.