[moregrist]

> But maybe I’m not educated enough in socialism to understand the nuances

Socialism is when the government owns businesses or entire industries.

Regulation is when the government has rules that companies have to play by.

The FTC is involved in regulation, not socialism.

Not all anti-capitalist actions are socialism. Not all socialism is anticapitalist.

You can disagree with a lot of things that the US government did under Biden. None of them were socialism. The closest recent example we have of socialism is the US government taking a 10% ownership stake in Intel. Which happened under Trump.

The previous best examples were all during the fall-out of the great financial crisis as part of TARP.

In retrospect, I think TARP was ultimately a pretty capitalist-friendly form of socialism. I am less sure about the Intel stake.