It's socialism, after all, for the Government to own an interest in a company.
Covered yesterday on YC.[1]
[1] https://news.ycombinator.com/item?id=44989773
Unless the workers own the means of production, it isn't socialism. The government is just another agent of capitalism here. Can we call this sparkling capitalism?
I think this war is lost. The word socialism means different things to different people. It all depends on where you stand and what you are looking at. If you are on the far right, most things the government does is socialism. If you are on the far left, everything the government does is to support capitalism. And in between the two everything goes.