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> Privatizing profits and socializing losses refers to the practice of treating firms' earnings as the rightful property of their shareholders, while treating l
by devoply 8y ago
> Privatizing profits and socializing losses refers to the practice of treating firms' earnings as the rightful property of their shareholders, while treating losses as a responsibility that society as a whole must shoulder, for example through taxpayer-funded subsidies or bailouts.
- friedman23 8y agowhich software businesses have been bailed out by the government?
- seem_2211 8y agoNot really related to what we're talking about here though?