Basically, we've just privatized socialism, not only because we've outsourced health insurance into an employer-provider benefit, but also in the sense that large corporate structures are overseen by bureaucracies that lead to huge amounts of opacity and waste, akin to stereotypical Soviet era governments.

https://news.ycombinator.com/item?id=30928403

And gains are redistributed similarly.

https://news.ycombinator.com/item?id=30724348