True, but now you are in the No True Scotsman weeds.
Government bailouts have been happening regularly for most of our lifetimes. We are incessantly told the US is a Capitalist country. So in the minds of the average citizen, either bailouts are part of the capitalist system, or the US has never been capitalist.
We're going to see "Modern Capitalism" and "Late Stage Capitalism" thrown around with a lot more frequency as corporations exert their power and we struggle to define what we are seeing.
If we had more consciousness and weren't so confused by 50 years of Cold War brain rot we would just call our age Late Stage Plutocracy or something.
Government bailouts have been happening regularly for most of our lifetimes. We are incessantly told the US is a Capitalist country. So in the minds of the average citizen, either bailouts are part of the capitalist system, or the US has never been capitalist.
We're going to see "Modern Capitalism" and "Late Stage Capitalism" thrown around with a lot more frequency as corporations exert their power and we struggle to define what we are seeing.
If we had more consciousness and weren't so confused by 50 years of Cold War brain rot we would just call our age Late Stage Plutocracy or something.