What, specifically, do you mean is socialism here? Vulture capitalists buying up debt? Territorial government selling debt? Impoverished people paying debt? How is this not about capital? Or by ‘socialism,’ do you mean something more like ‘statism?’
What, specifically, do you mean is socialism here? Vulture capitalists buying up debt? Territorial government selling debt? Impoverished people paying debt? How is this not about capital? Or by ‘socialism,’ do you mean something more like ‘statism?’