lemon socialism

English

Coined by Mark Green in 1974[1].

lemon socialism (uncountable)

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.

单词	lemon socialism
释义	lemon socialism English Etymology Coined by Mark Green in 1974[1]. Noun lemon socialism (uncountable) 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. References (please provide the title of the work)‎, (please provide a date or year)
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