> Genuine question : When companies are bailed out by the taxpayer, why can't we then give ownership of the company to the taxpayer?

tHaT'S sOcIAlIsM

Though ironically for the first time ever, the people shouting that would actually be correct. Kind of.

If you mean in a broad "is this possible" sense though, sure, absolutely. Entities owned in part or in whole by the state are not uncommon, but anytime such things are proposed in the US, the right loses it's fucking mind.

Edit: hit the comment rate wall.

> I see! But still, I don't get in what sense it is more socialist that just having people actually buy the company to save it (instead of just saving it 'for free'). If anything it makes it more capitalist if the taxpayers invest in the bailout, instead of just giving it away!

Because socialism isn't an economic system in American politics, it's a scary word that the Russians and CHYNA are. It's also completely interoperable with communism because our conservative party here has long since abandoned anything resembling reality, and even when they were here with us, they didn't know the difference between the two.

Doing it this way is capitalist because it's American. Doing it the other way is evil because it's socialist/communist, like the Russians/Chinese/North Koreans do with the lot of this rhetoric absolutely drowning in racism and nationalism. Mind you, all those countries have issues, absolutely. I'm just saying a conservative with a gun to their head couldn't actually explain those issues, they're just evil because they're not American. [ insert eagle screech here ]

Honestly the best distillation is: It's Freedom when private citizens run things, and it's Communism when the government does. The fact that the government sometimes has to give rich private citizens a shit ton of money to keep things afloat is not reflected upon.

If you try and analyze it through a lens of what these words actually mean, yeah it makes no goddamn sense at all.

But not really right? It could happen in the market, company A chooses to bailout company B by buying it and investing money to keep it afloat.

Except company A in this case is the government. No? Why is it that when it is the government doing this action, it has to gift the money instead of potentially profiting from it?

Edit : just saw the edit. I see! But still, I don't get in what sense it is more socialist, instead of just saving the companing 'for free', people actually buy (forcefully invest?) in the company to save it. If anything it makes it more capitalist if the taxpayers invest in the bailout, instead of just giving it away!