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Re:Joint Statement by the Department of the Treasury, Federa... by tetrahedr0n on Monday March 13, 2023 @06:09AM (#35133538)
A controversial statement to some, but IMO the US is a Corporatocracy more than a Federal Constitutional Republic. More "Modern Corporate Capitalism", less Free-market Capitalism.

Point being, some businesses _are_ more equal than others because they have the money to lobby lawmakers. In an actual free market, the banks should fail.

However, it seems to me that the situation with SVB is a Democratic Socialist move. Again, my opinion, but it seems rather progressive. In history, Democratic Socialist programs have produced, arguably, valuable programs for the US. Unfortunately, mentioning "Socialist" is usually the point in which many will stop listening.

[wiki](https://en.wikipedia.org/wiki/Democratic_socialism#:~:text=D....)

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