Based on the definition isn’t the bailout of the big banks exactly that?
Emily Goss

Bailouts of banks is not socialism, it’s convenient, but not socialism. A socialists society would maintain 100% control and no profits would be distributed. The bailout was cheap money and an easy ride for the too big to fail. It was classed as investment in shares and then the Gov’t exited. Ironic, really, as most of the bankers would say they hate Keynesian economic theory, but actually benefited from it.

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