> There are no "social" sources of money. "private individuals and corporations" is the society who is paying the taxes. You identified that correctly. "priva

> There are no "social" sources of money. "private individuals and corporations" is the society who is paying the taxes. You identified that correctly. "privatise profits" means that a select few gets the profits, and "socialise losses" means everyone pays for the costs. Which is obviously a very good deal for the select few. This is what the phrase means. Happy to help.