Banks don’t fail. Bank losses are socialized. Privatization of profit and socialization of risk. That’s called capitalism.
Discussion
Those nearest to the money printer, and who have longest fed those who manage it, stand to have their risks adopted and passed on to the masses.
Without a state there couldn’t be the socialisation of anything
But that's socialism. Capatalism is its preferred pronoun.
Not your hole, not your nuts. Aurelius knows what's up