lemon socialism
Englisch
Bedeutung lemon socialism Bedeutung
Was beudeutet auf Englisch lemon socialism?
lemon socialism
noun
—
The practice in otherwise free market capitalist economies in which the government steps in to bail out or otherwise subsidize weak or failing firms. A government attempting to transition from capitalism to socialism by this method takes control of the worst industries — the "lemons" — first, which undermines such an approach.
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