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Of course, in "capitalism" that doesn't happen - instead banks and other "too large to fail" companies are just given money, or they are sort-of nationalized -
by LionessLover 10y ago
Of course, in "capitalism" that doesn't happen - instead banks and other "too large to fail" companies are just given money, or they are sort-of nationalized - but without actually doing so (GM, Chrysler for example - https://en.wikipedia.org/wiki/Automotive_industry_crisis_of_2008%E2%80%9310#United_States https://en.wikipedia.org/wiki/Automotive_industry_crisis_of_...).