[aljp]

One of the most egregious examples of this that I like to use is in natural resource extraction, mining, deforestation, etc. When mining companies start a project to dig a quarry (in Australia), they are meant to set aside funds for rehabilitation of the environment when they are done, this should come out of the profits from the endeavor. I consider destruction of the environment a socialised cost. Unfortunately, quite often, these companies will avoid rehabilitating the environment and misappropriate those funds, and then pay out massive bonuses to the few executives that could make it happen. Some of these areas will not be habitable for native wildlife for decades because the process is destructive and leaves the area toxic. The Flint water crisis is a specific example of this in America that really is affecting people. While I think you are technically correct, I don't think you considered the scope of the issue of privatizing profits and socialising losses.

[tjalfi]

The book Game of Mates[0] has some detailed examples of this behavior.

[0] https://gameofmates.com/