I’d call it corporatism. Capitalism would not subsidize losses.
EDIT: to anyone disagreeing, having a central bank printing money to let banks not get bankrupt is the exact opposite of capitalism. It's literally communism in the sense of having a planned economy in the most important market of all: money. And then abusing that to socialize losses of private companies.
It's all bullshit meant to distract us. To divide us, into groups. What group thinks what or so on. At its core it's exactly that, the rich and powerful versus the working class, first of all, and then after all the future generations that they mean to exploit in order to magnify their profits. More and more and more, bleeding everyone and everything dry, like a cancer. That's the future of what's going on right now with extremism and corporate worshipping.
Oh, shit, I forgot about global warming. But that's another story.
The entire system developed on this planet was either designed or evolved to elicit a hierarchy of competition among groups, in which Darwin pronounced as 'survival of the fittest'. Even the human group was subdivided into races and skin colors to produce vying or a struggle to survive.
My friend, survival of the fittest was debunked by Darwin himself.
In fact, he never came up with the phrase. It was coined by Herbert Spencer.
Darwin adopted it later as a synonym for natural selection to please his colleague Alfred Russel Wallace, but he privately found it problematic.
Darwin never defined "fitness" as being the biggest, strongest, or most aggressive. To Darwin, biological fitness meant the ability to adapt to a local environment and successfully reproduce.
While the public used the phrase to justify brutal selfishness, hyper-competition, and social inequality, Darwin explicitly argued against this view. In his later writings, he demonstrated that for many species, especially humans, cooperation, sympathy, and altruism are the ultimate survival traits.
In his 1871 book The Descent of Man, Darwin actively de-emphasized individual physical dominance. He mentioned "survival of the fittest" only twice, but wrote about sympathy 95 times. He observed that the most aggressive or selfish individuals often died out because they lacked community support. Darwin explicitly noted:
Communities which included the greatest number of the most sympathetic members would flourish the best, and rear the greatest number of offspring."
TLDR; “survival of the fittest” is a misattributed and misunderstood tag line that Darwin himself actually rejected.
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u/JiuJitsuBoxer 6h ago edited 27m ago
I’d call it corporatism. Capitalism would not subsidize losses.
EDIT: to anyone disagreeing, having a central bank printing money to let banks not get bankrupt is the exact opposite of capitalism. It's literally communism in the sense of having a planned economy in the most important market of all: money. And then abusing that to socialize losses of private companies.