2 ms·
"Too big to fail" is the bullshit phrase used to sell privatizing profits while socializing failure. What made private profits OK was that both risk and failure
by slowmovintarget 2y ago
"Too big to fail" is the bullshit phrase used to sell privatizing profits while socializing failure. What made private profits OK was that both risk and failure were also born by the same private entity. It's time we got back to how regulated capitalism is supposed to work. Let the company face its own consequences and fail, or perhaps heal.