ooli@lemmy.world to politics @lemmy.world · 6 months agodont privatize the profit & socialize the lossesi.redd.itimagemessage-square53fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1imagedont privatize the profit & socialize the lossesi.redd.itooli@lemmy.world to politics @lemmy.world · 6 months agomessage-square53fedilink
minus-squareZuberi 👀@lemmy.dbzer0.comlinkfedilinkarrow-up0·6 months ago“Socialize the losses” makes it sound like bailouts are socialism… Feels like a very american-take on what counts as actual socialism. The 1% stealing from you isn’t a “socialized” thing. No relation to socialism.
minus-squareryven@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·6 months agoThe losses are being distributed among society while the corporation keeps the profits. No one thinks this is actual socialism, that is the whole point of the saying.
“Socialize the losses” makes it sound like bailouts are socialism…
Feels like a very american-take on what counts as actual socialism. The 1% stealing from you isn’t a “socialized” thing. No relation to socialism.
The losses are being distributed among society while the corporation keeps the profits. No one thinks this is actual socialism, that is the whole point of the saying.