Why do you say that's not capitalism? I'm no expert but a lot of the socialists I've talked to see capitalism as privatization of gains. Socialized losses are j

Why do you say that's not capitalism? I'm no expert but a lot of the socialists I've talked to see capitalism as privatization of gains. Socialized losses are just the other side of that equation. Coercion of elected officials is corruption and it happens in both capitalism and socialism. Edit: Downvotes but no answer to the question?