Hacker News new | ask | show | jobs
by devoply 2708 days ago
> Privatizing profits and socializing losses refers to the practice of treating firms' earnings as the rightful property of their shareholders, while treating losses as a responsibility that society as a whole must shoulder, for example through taxpayer-funded subsidies or bailouts.
2 comments

which software businesses have been bailed out by the government?
Not really related to what we're talking about here though?