this post was submitted on 19 Aug 2026
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[–] wuffah@lemmy.world 121 points 1 week ago (13 children)

This is otherwise known as a TAXPAYER FUNDED BAILOUT. Socialize the loss, privatize the gain.

Let them burn in the fire they set.

[–] scrubbles@poptalk.scrubbles.tech 20 points 1 week ago (2 children)

No, a bailout would be that they get a big payday to continue as normal. Nationalization would mean the government takes control and it becomes part of the government.

Airlines were a bailout. Amtrak was nationalized.

[–] Venator@lemmy.nz 7 points 6 days ago

It can function a bit like a bail out if the investors know they'll get a better than market rate when it's nationalised, but yeah they still shouldn't be conflated without reason.

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