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the banking industry has been heavily subsidized by FDIC, the Fed, and bailouts. This corporate socialization is certainly worse than either fully capitalist or
by abfan1127 3y ago
the banking industry has been heavily subsidized by FDIC, the Fed, and bailouts. This corporate socialization is certainly worse than either fully capitalist or fully centralized.
- largepeepee 3y agoThat is modern capitalism at its finest. Privatize the gains, socialize the losses.
- _heimdall 3y agoThat's really not capitalism at all.
- largepeepee 3y agoThat is how capitalism works in reality.