This is the textbook definition of economic fascism.
Where a company is privately owned, and the company owns the means of production, but the government controls the company’s production. The only exception to this definition would be if the company were producing the product under government contract, and that contract were to specify where the production were to take place (for instance, the military’s contracts for producing ammunition). To the best of my knowledge, the “Dreamliner” isn’t being produced under government contracts.
Mark
This is the textbook definition of economic fascism.
It really is and one wonders how many US citizens understand this or how many students are taught such. Messerschmidt, Siemens, Focke-Wolfe, etc. all produced under control and authority of the Nationalist-Socialist government.
Cannot substantiate the details but it appears Russia, after the Soviet Union's collapse, also works the same way.
This is why the political terms of the Left and the Right are purposefully distorted to fit a particular political agenda, across the globe. And why the conservative movement, e.g. the Tea Party, needs to elevate its arguments to the most fundamental questions of governing.
I remember during the Soviet collapse the Media regularly referring to the losing Soviet Communists as the "conservatives," and remarking to my wife, Huhh?
And recall how the Republican Party before about 1990 was "blue" and the Democrats "red," then of a sudden in the Media it switched.
None of this spin is accidental or incidental.
But of course the Youth swallow what they are taught, and the Old have short memories.
Johnny Suntrade
You mean like GM, and Chrysler, and Citi, and Bank of America, and PNC, and AIG, and Freddy Mac, and JP Morgan, and Wells Fargo, and GMAC, and Goldman Sachs, and Suntrust, and Capital One, and BB&T, and M&T Bank, and FutureGen, and Amtrak, and nearly a thousand other giveaways to private companies under Pelosi, Reid, and now Obama?