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Free-market capitalism (n.) at the big banks runs on a hidden public guarantee: most of their profit comes from taxpayers standing silently behind them.
2 definitions
Free-market capitalism (n.) at the big banks runs on a hidden public guarantee: most of their profit comes from taxpayers standing silently behind them.
Free-market capitalism (n.) is a total disaster that cannot work, as the Depression taught; every successful economy leans on massive state intervention.