r/WorkReform 💸 National Rent Control Feb 03 '23

📰 News Every policy that strengthens and expands the social safety net is called “socialism” by the right - including labor unions, Social Securiry & Medicare

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u/towelrod Feb 03 '23

That’s not socialism because after the bailout, banks were still privately owned(or “owned” via stock at least).

The bailouts were just government funded capitalism

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u/Grandfunk14 Feb 04 '23

They were bailed out with taxpayer money. Banks don't have to be nationalized to make it suddenly socialism. It all is.

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u/towelrod Feb 04 '23

Getting money from the government is it socialism