Mmastodon WorldPolitics first seen 12 h ago, last 9 h ago, peak #3
The Slogan: Profits Privatized, Losses Socialized
Original: Profits are privatized; losses are socialized. https://www. youtube.com/watch?v=VbowBTJWKBo @ economics # economics # bu
Economics commentators are circulating the phrase 'profits are privatized; losses are socialized,' a critique of how gains in market economies accrue to private owners while financial failures and crises are often covered by taxpayers through bailouts and public spending. The saying is being shared as a shorthand for dissatisfaction with government-backed rescue packages and perceived inequity in how economic risk is distributed between corporations and the public.
Why now: The phrase resonates whenever bailouts, financial crises or corporate rescue packages are in the news, though no specific triggering event is stated here.
Rank over time, top of the chart is #1. 4 snapshots from 12 h ago to 9 h ago.
Evidence
- Profits are privatized; losses are socialized. https://www. youtube.com/watch?v=VbowBTJWKBo @ economics # economics # business # government # politics # PSA · pgiulan@federate.social · 1
API: https://socialmediatrends-api.osmike.com/v1/trends/3523972