United Kingdom
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This isn't capitalism, it's more cronyism where the government takes on all the risk but outsources any profit to private companies
If it were capitalism, the full system would've collapsed over covid where there weren't enough passengers. If it were socialism, it'd probably be largely the same given the number of lines that do lose money, but at least the profitable ones like the London-Birmingham/Manchester routes would be adding money to the government instead of private companies