We honestly should nationalize intel, raytheon, boeing, and lockheed martin. Probably others too. It makes no sense to develop our sensitive technology and reserve some resources solely to feed the parasite that is the profit margin.
What makes you think the government could run them better...?
You could run them exactly how they are structured today if you want. Youd reap savings by not having shareholder profits to maintain and could use that money that would otherwise be wasted on luxury spending for major shareholders for more R and D.
Sounds just like what China has been trying to do in their semiconductor industry for years without success
Without shareholders to answer to costs would increase out of control and productivity would plummet. It would become like a government
No thanks, I’ve been to the DMV
The DMV isn't a chip factory. It is an administrative office performing unskilled work. Most of which has been automated away.
Why wouldn't the government just start up it's own Intel-alike?
Because intel would lobby against it and snuff it
Couldn't any hypothetical governmIntel competitors also just lobby to run it into the ground? (or, perhaps one of the political parties will just want to run it into the ground in an ridiculous attempt to prove that the government can't work).
You mean like they did in communist countries and had a huge success at killing their economies?
I was thinking more along the lines of when the us government centrally planned the economy and won a world war as a result.
Committing to purchase X quantity of Y from a factory that already exists in a competitive market to make Z is different from removing the need for the company to make ends meet