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this post was submitted on 14 Mar 2024
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Thats fucking wild, i thought it was because tiktok offers a source of news media that the government(private companies) cannot easily control
The market of ideas is not the battleground of Imperialism. The US struggle against the PRC over Bytedance is the US Bourg trying to enforce the International Rule that large corporations outside of the US are not allowed to exist outside of the public exchange. Americans need to be able to buy it up, whenever they want. This is also how the US exerts national domination over the Bourgeoisie of other nations. They can only invest in certain things on the continent, like real estate (which there are talks of banning Chinese nationals from owning land), and tech companies (inclusive of entertainment infrastructure), to keep the bubbles in both growing. They store their wealth in the US, under restrictions, so the US can remain liquid and clip coupons.
This is similarly why some European big whigs are calling for liberalization of pensions so they can be spent on militarism, which as we know from books like Palo Alto, the STEM sector in the Imperialist nations and militarism are two sides of the same process. Imperialism is Scientific Capitalism. 401k funds are also workers giving their wages straight to International Capitalism without going through the government.