I think you are confusing socialism with communism.......there are different levels of socialism and Australia has a level of democratic socialism.....the main example being Medicare. Of course Australia isn't a communist country. As I said the US Govt taking a stake Intel, by definition, IS a form of socialism.....democratic socialism...which we have here in Australia
Fair enough….but I think many terms are being misinterpreted these days. There’s a big difference between a welfare state that provides social programs, and a socialist state where the government owns or controls industries. I’m talking about the latter, not the former. Communism is based on socialism… just more radical….