Yeah this is just the fascist corporatist economics policy. I genuinely can’t tell if this post is a joke because the unfortunate reality is that most Americans genuinely believe that “socialism is when da goberment do bad thing” without a hint or irony or sarcasm. McCarthy rotted Americans brains possibly permanently (but hopefully not) where basic social democracy is literally considered you loving Stalin in the USA.
You’d be correct, if socialism to you is literally just “when the big government does stuff and nationalizes stuff” then yeah you’d be correct.🙄 like you do know that state directed capitalism is a thing, right? Where the company is kept is private hands but capitalism is guided by the government. Fascist State capitalism/corpratism isn’t socialism, and it was the same economic system that South Korea used under its fascist dictatorships.