Even Tucker Carlson said the other night: “It’s socialism for the rich”

https://mishtalk.com/economics/yellen-said-no-bailout-but-its-a-huge-bailout-of-the-banking-system

This is a reinforcement of the idea that we live in a new economic period.

What’s in a general sense called the era of capitalism can be sub-divided into the period of mercantilism, the period of corporate consolidation, and then the period of governmental management.

The latter smooths out wrinkles but results in distortion of markets, increased inequality, and relatively slow economic growth.